Govt finding best way to resolve PLUS debt, PM says


Dr Mahathir said the best choice currently is for the country’s sovereign wealth fund, Khazanah Nasional Bhd, which is the major shareholder in PLUS, to manage the toll concession company to settle its debt.

BANGKOK: The government is finding the best solution to resolve the financial problems plaguing PLUS Malaysia Bhd (PLUS), said Prime Minister Tun Dr Mahathir Mohamad.

He said the best choice currently is for the country’s sovereign wealth fund, Khazanah Nasional Bhd, which is the major shareholder in PLUS, to manage the toll concession company to settle its debt.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PLUS Malaysia , Khazanah , Dr Mahathir , resolve , debts

Next In Business News

Stocks slip as traders reduce exposure ahead of central bank meetings, key data
FBM KLCI slips after previous-week rally
Trading ideas: Kerjaya Prospek, Lianson, Hume Cement, Orkim, Econpile, Khee San, Mytech, Managepay, Industronic, Evocom, SLGC, Yinson, EWI
Truhome hires four banks for US$300mil IPO
Ringgit to trade cautiously against the US dollar this week
SpaceX sets US$800bil valuation, confirms 2026 IPO plans
Key thrusts for banks next year
Higher loan growth likely in 2026
YTL builds it right
Debt plays a big role in Paramount’s Warner bid

Others Also Read