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Dr M: No decision yet by Cabinet on highway takeover
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.
Tony Pua: Govt need not pay a single sen to acquire toll concessionaires
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.
Lim: Govt could finance highway deal via RM6.2bil bond issuance
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.
Guan Eng: Reduced toll rates if proposed acquisition of four highways approved
PETALING JAYA: Road users can enjoy reduced toll rates if the proposed acquisition of four highways is materialised, says Finance Minister Lim Guan Eng.
Finance Ministry must be transparent in stating cost for four highways
SEREMBAN: The Finance Ministry must specifically state the cost to take over four tolled highways in the Klang Valley for transparency purposes.
Litrak: Govt takeover offer of highway is a fair deal
PETALING JAYA: Lingkaran Trans Kota Sdn Bhd (Litrak) feels the government takeover offer of its highway is a fair deal.
Litrak to hold special board meeting next week to decide takeover offer
PETALING JAYA: Lingkaran Trans Kota Holdings Bhd (Litrak) will deliberate the government’s takeover offer with a special board meeting next week.
Wee asks Pakatan if it will abolish all tolls
PETALING JAYA: Following the Government’s bid to acquire four highway concessionaires, MCA asks if Pakatan Harapan will honour its promise of abolishing all toll charges made in the run up to the 14th General Election.
Wee asks Pakatan if they will abolish all tolls following highway takeover bid
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.
‘Takeover only if Cabinet approves’
PETALING JAYA: Any takeover of toll highway concessionaires will only be approved by the Cabinet after it studies the proposals of the Works Ministry next month, says Works Minister Baru Bian.