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.

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Khazanah , sell , PLUS , highway , Shahril Rifzuan , higher , bids ,

   

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