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KUALA LUMPUR: PLUS Malaysia Bhd will be able to repay all its debts with the new extension to the toll concession period, says Tun Dr Mahathir Mohamad.
FOR months, the question was who will get it. The bidding war for the prized asset that is PLUS Malaysia Bhd attracted bidders far and near, with many of the local personalities the ones that have eyed the expressway company before.
SOME might say that the hard part of the toll restructuring plan for PLUS Malaysia Bhd will now start. And given the implications of the various facets of the changes that need to be done, it will have far-reaching consequences for the public.
KUALA LUMPUR: Malaysia’s sovereign fund and Telenor ASA have revived talks on a potential deal involving Axiata Group Bhd, people familiar with the matter said, just four months after the carriers scrapped negotiations on a broader merger of their Asian operations.
IF it was “Dr Mahathir Mohamad” version 1.0, PLUS Expressways Bhd (PLUS) would have probably been awarded to one of the four private companies that had thrown in their bids for the most valuable highway.
PETALING JAYA: The public is unable to judge the Federal Government’s decision not to dispose Plus Malaysia Bhd, the country’s largest highway concessionaire, as a wise choice as there is little transparency in the way the deal was made.
KUALA LUMPUR: After the PLUS toll concession ends in 38 years, it will be up to the government then to decide on what should be done, says Tun Dr Mahathir Mohamad.The Prime Minister said as far as Pakatan Harapan was concerned, there should be no more tolls on PLUS highways.
LANGKAWI (Bernama): Sewage treatment plants in the country are expected to adopt a new form of technology that is far more efficient, cleaner and cheaper if a pilot project to treat waste water now being implemented in Langkawi proves effective.
BATU GAJAH: Datuk Seri Najib Razak should focus on his own problems instead of talking about the Movie Animation Park Studios (MAPS) status, says Datuk Seri Ahmad Faizal Azumu.
KUALA LUMPUR: Khazanah Nasional Bhd is still looking for a strategic partner for ailing national carrier Malaysia Airlines.