Prolintas to raise RM445mil from trust listing


AmInvestment Bank Bhd deputy chief executive officer Christopher Ng Kok Wai (left) Prolintas Managers Sdn Bhd chief executive officer Malik Parvez Ahmad Nazir Ahmad, Prolintas Group of Companies chairman Datuk Idris Kechot, Prolintas Managers chairman Datuk Ikmal Hijaz Hashim and Projek Lintasan Kota Holdings Sdn Bhd Group chief executive officer Datuk Mohammad Azlan Abdullah at the Prolintas IPO prospectus launch on Wednesday

KUALA LUMPUR: Prolintas Infra Business Trust (Prolintas Infra BT), the country’s first listing of a business trust, hopes to attract investor interest with its dividend payout from money generated by its highway assets.

Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) group chief executive officer, Datuk Mohammad Azlan Abdullah, said the company, which has a portfolio of six highways, has aggregated four of them into a business trust set up under Prolintas Infra BT.

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