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Litrak, MOF Inc extend cut-off date over highway takeover talks to Oct 31
KUALA LUMPUR: Tolled-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 from Aug 30 to Oct 31.
Branding it right
WHILE small and medium enterprises (SMEs) are becoming increasingly aware of the link between corporate branding and the bottom line, the initiatives they undertake to differentiate themselves are often done haphazardly.
Khazanah submits proposal on toll highways
PETALING JAYA: Khazanah Nasional Bhd says it has submitted a proposal on toll highways to the government alongside several other proposals from various parties.
Putting out fires in Klang
KLANG has been shrouded in dense haze in the past week due to fires in Riau, Indonesia, and the situation has worsened after a fire broke out on a 4.1ha plot of land at the Kuala Langat South Forest Reserve on Thursday.
Gamuda highways takeover uncertain
PETALING JAYA: Uncertainty about the proposed takeover of Gamuda Bhd’s four urban highways remains as the Aug 30 deadline for the definitive agreements approaches
Cabinet hasn't decided on takeover date of Gamuda highways, says Dr M
PUTRAJAYA: The Cabinet has not decided on the date for the takeover of Gamuda Bhd’s four urban highways, says the Prime Minister.
The perception of toll highways
About 61% of respondents in a recent survey conducted by the Malaysian Highway Authority (MHA) felt that toll rates were high.
RHB Research upgrades IJM to Buy, TP RM2.78
KUALA LUMPUR: RHB Research has upgraded IJM Corp to Buy from Neutral with new sum-of-parts based target price of RM2.78 from RM1.91, 18% upside plus 3% yield.
‘Takeover is for public good’
THE Federal Government’s proposed RM6.2bil takeover of four highways will not eliminate toll charges but see motorists paying less, says Finance Minister Lim Guan Eng.
Takeover in limbo
PETALING JAYA: The proposed takeover of Gamuda Bhd’s four urban highways by the government is still in limbo.
