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MELAKA: PLUS Malaysia Bhd suffered a loss of RM400mil over the three months from March to May due to the implementation of the Covid-19 movement control order (MCO).
KUALA LUMPUR: Highway concessionaire PLUS Malaysia Berhad (PLUS) expects daily traffic volume to increase up to 15 per cent from tomorrow onwards following the government’s announcement of the Recovery Movement Control Order (RMCO) with the relaxation of interstate travel for work and the opening of selected economic sectors.
THE battle among several private players to acquire PLUS Malaysia, the country’s largest highway concessionaire, has also thrust UEM Edgenta Bhd under the spotlight.
PETALING JAYA: In clarifying inaccurate claims about its debt, PLUS Malaysia Bhd says the group was already a debt-ridden company when Khazanah Nasional Bhd took over the highway operator from Renong Bhd in 2001.
KUALA LUMPUR: PLUS Malaysia Bhd, which had attracted a lot of suitors keen to take over the highway owner and operator, issued a statement on Thursday to clarify several misleading and inaccurate claims reported in the media.
At PLUS Expressways Bhd’s headquarters at the Subang interchange, the company’s traffic-monitoring centre staff keep a round-the-clock watch on the traffic condition on its highways.