Ekovest bags extension from EPF to implement Duke Highway exit plan

KUALA LUMPUR: Ekovest Bhd has secured an extension from the Employees Provident Fund (EPF) to facilitate and implement its "exit plan” in Duta-Ulu Kelang Expressway (DUKE) concessionaire Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi).

Kesturi, the holder of the 54-year concessionaire for the 34-kilometre DUKE, is 40 per cent owned by EPF, while the interest of the remaining share is by Ekovest.