Acquisition of KL Tower management ownership being examined: Fahmi


PUTRAJAYA: The Ministry of Communications and Digital (KKD) is examining the acquisition of the ownership of the management of Kuala Lumpur Tower (KL Tower) from Telekom Malaysia (TM) through its subsidiary Menara Kuala Lumpur Sdn Bhd (MKLSB) by Hydroshoppe Sdn Bhd.

Minister Fahmi Fadzil said he will receive a comprehensive briefing on this matter from TM on Jan 3, 2023 after receiving a detailed briefing on the KL Tower management concession from KKD on Dec 14.

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!

Next In Business News

Traders start 2026 by locking in gains
Ringgit starts 2026 firmer on weaker greenback
Sarawak complete acquisition of MASwings
Trading ideas: Capital A, Axis REIT, LFE, Camaroe, NCT, CJ Century, TSH, BAT, Berjaya Assts, MSC, SE Resources
European stocks clinch best year since 2021�
Xi promises more proactive macro policies
Gold futures end 2025 easier, in sync with Comex�
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Washington approves TSMC chip shipments to China
Oyo Hotels’ parent files confidential IPO in India

Others Also Read