The securitisation of highways

The four highways involved are the Smart highway, Lebuhraya Damansara-Puchong, Sprint highway (pic) and Kesas highway

WHEN the media broke the news of the corporate exercise involving the highways under Gamuda Bhd, it took the market by surprise.

However, it was the innovative structure of the corporate exercise and the speed at which it was put together and approved that caught everyone off guard.