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Motorists asked to go slow along Jalan Pelabuhan Utara-Barat
MOTORISTS are advised to be extra vigilant when driving along Jalan Pelabuhan Utara-Barat as road works are going on until Nov 30.
PLUS, Kesas offering discount on toll charges in conjunction with Deepavali (updated)
PETALING JAYA: PLUS Malaysia Berhad has announced a 20% discount on toll charges between midnight and 11.59pm on Oct 27 (Sunday) in conjunction with the Deepavali celebration.
Cabinet nod paves ways for govt takeover of Gamuda, Litrak highways
AFTER several months of uncertainty, the government’s plan to acquire Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak) toll highways finally got the nod from the Cabinet - removing a big hurdle.
Franklin Templeton: Investors to maintain cautious outlook on toll roads
KUALA LUMPUR: Investors will maintain a cautious outlook on the toll road sector, due to a lack of details and uncertainties concerning the takeover plans for Gamuda Bhd and PLUS Malaysia Bhd highways, says Franklin Templeton GSC Asset Management Sdn Bhd.
More money for the people
BUDGET 2020 will boost home ownership, job opportunities, monetary savings and green living, among others in the Federal Territories.
Highway acquisitions won't affect promised toll discount, says Guan Eng
KUALA LUMPUR: The acquisition of any tolled highways must keep to the promises of the government to the people, says Finance Minister Lim Guan Eng.
More savings with toll discount
PETALING JAYA: A minimum discount of 18% on toll charges for the North-South Expressway will see motorists save up to RM1.13bil in 2020 and RM43bil over the entire concession period until 2038.
Budget 2020: Cabinet OKs MoF plan to take over four highways
KUALA LUMPUR: The government is going ahead with the plan to acquire Kesas, LDP, Sprint and Smart Tunnel from Gamuda Bhd.
Trading ideas: Axiata, Gamuda, Genting Malaysia, CIMB, Leong Hup
KUALA LUMPUR: Axiata Group Bhd, Gamuda Bhd, Genting Malaysia Bhd, CIMB Group and Leong Hup International Bhd are among the stocks to watch on Friday, according to JF Apex Research.
Litrak, MOF Inc extend cut-off date for highway takeover talks to Oct 31
PETALING JAYA: Toll-highway operator Litrak Holdings Bhd and the Minister of Finance Incorporated (MOF Inc) have mutually agreed to extend the cut-off date to negotiate and finalise the terms of the acquisition of Litrak’s highways from Aug 30 to Oct 31.
