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PUTRAJAYA: The Cabinet has yet to make a final decision to acquire Gamuda Bhd's stake in four highway companies, says Tun Dr Mahathir Mohamad.
KUALA LUMPUR (Bernama): The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires, as the RM6.2 billion purchase consideration will be entirely self-financed via the collection of proposed congestion fees, says political secretary to the Finance Minister, Tony Pua.
PETALING JAYA: It is more rational to buy over four highways using RM6.2bil worth of bonds funded from the collection of congestion fees though the concessions for the highways end within 23 years, says Finance Minister Lim Guan Eng.
PETALING JAYA: Road users can enjoy reduced toll rates if the proposed acquisition of four highways is materialised, says Finance Minister Lim Guan Eng.
SEREMBAN: The Finance Ministry must specifically state the cost to take over four tolled highways in the Klang Valley for transparency purposes.
PETALING JAYA: Lingkaran Trans Kota Sdn Bhd (Litrak) feels the government takeover offer of its highway is a fair deal.
PETALING JAYA: Lingkaran Trans Kota Holdings Bhd (Litrak) will deliberate the government’s takeover offer with a special board meeting next week.
PETALING JAYA: MCA has asked if the Pakatan Harapan Government will honour its promise of abolishing all toll charges made in the run up to the 14th General Election.