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The Government received financial gain from its revenue sharing agreement only with Mekar Idaman Sdn Bhd, which operates the Penang Bridge, amounting to some RM30mil a year, Malaysian Highway Authority chairman (MHA) Datuk Syed Jamal Syed Jaafar said.
The Government will decide next Monday whether to implement a floor price plan for a litre of petrol and diesel or stick to the petrol and diesel price flotation mechanism based on market rates.
Part of the money used by the Government as subsidy is Petronas' contribution from its annual revenue.