Khazanah not selling PLUS stake despite higher bids

“We are not in the mood to sell the asset and actually haven’t got any kind of bidding process going on, ” Khazanah’s managing director Datuk Shahril Ridza Ridzuan said yesterday on the sidelines of Permodalan Nasional Bhd’s Corporate Summit 2019.

PETALING JAYA: Khazanah Nasional Bhd has reiterated that it is not interested in selling its 51% stake in PLUS Malaysia Bhd highways, even as the interested private-sector suitors continue to raise their bids.

“We are not in the mood to sell the asset and actually haven’t got any kind of bidding process going on, ” Khazanah’s managing director Datuk Shahril Ridza Ridzuan said yesterday on the sidelines of Permodalan Nasional Bhd’s Corporate Summit 2019.