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Motorcyclists urged to use m-cycle track on Kesas Expressway
MOTORCYCLISTS who ply the Kesas Expressway are putting their lives and that of other motorists at risk when they use the main highway instead of the dedicated motorcycle lane.
PNB accepts Gamuda's RM290mil Kesas highway offer
PETALING JAYA: Permodalan Nasional Bhd (PNB) has accepted Gamuda Bhd’s improved offer price of RM3.08 per share, or RM290mil cash, to acquire its 20% stake in Kesas Holdings Bhd.
All eyes on PKNS after Gamuda's new offer for Kesas highway stake
PETALING JAYA: While Gamuda Bhd’s revised offer for the remaining 70% stake in Kesas Holdings Bhd is fair, it remains to be seen if Perbadanan Kemajuan Negeri Selangor (PKNS) will accept the offer.
Analysts positive on Gamuda’s 70% stake in Kesas
KUALA LUMPUR: The eventual acquisition of a 70% stake in Kesas Holdings Bhd by Gamuda Bhd is expected to boost the latter’s earnings prospect going forward, according to analysts.
Closing right turn into Kesas from Kewajipan near Summit could worsen congestion
THE proposed second phase of the traffic dispersal plan for Persiaran Kewajipan on Aug 18 may increase traffic congestion along the Shah Alam Expressway (Kesas) if it is implemented.
Gamuda's Kesas buy seen positive
PETALING JAYA: Gamuda Bhd’s intended purchase of the 70% stake it does not already own in highway concession company Kesas Holdings Bhd will help the former mitigate its potential earnings loss from its eventual disposal of Syarikat Pengeluar Air Selangor Holding (Splash).
Kesas users to get 10% toll discount on Hari Raya
PETALING JAYA: Konsortium Expressway Shah Alam Selangor (Kesas) is offering a 10% toll discount on the first day of Hari Raya Aidilfitri.
Kesas toll charges reduced from midnight Monday (Updated)
PETALING JAYA: Toll charges on the Kesas Highway will be reduced from midnight Monday, Works Minister Shaziman Abu Mansor said.
Selangor wants toll hike on LDP, Kesas explained
PETALING JAYA: The Selangor government has instructed two state-owned companies to explain the toll hike on the Kesas and Lebuhraya Damansara Puchong (LDP) highways.
RAM Ratings reaffirms AA3 rating of Kesas’ Islamic debt issue
RAM Ratings has reaffirmed its AA3/stable/- rating of Kesas Sdn Bhd’s RM800mil Al-Bai’ Bithaman Ajil Islamic Debt Securities (2002/2014).
