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Business

A fresh offer for PLUS

THAT the shareholders of highway operator PLUS Malaysia Bhd, namely Khazanah Nasional Bhd’s UEM Group Bhd and the Employees Provident Fund (EPF) received a takeover offer this week for their stakes in PLUS, is not entirely surprising or new.

Business

CIMB serves PLUS with arbitration notice in relation to Touch ‘n Go

PETALING JAYA: CIMB Group Holdings Bhd and its unit have initiated an arbitration proceeding against highway concessionaire PLUS Malaysia Bhd for breaching some of the terms of their joint-venture agreement (JVA) in relation to Touch ‘n Go Sdn Bhd (TNGSB)

Nation

Patriotism with a plus factor

PETALING JAYA: The spirit of patriotism was high among the employees of PLUS Malaysia Bhd at the PLUS Unity Drive flag off.

TECH

Nokia 7 Plus: Beauty on a budget

The Nokia 7 Plus is a good looking phone with nice features and a decent price tag.

Community

PLUS appeals to motorists to follow advisory for CNY period

PLUS Malaysia Bhd (PLUS), operator of the North-South Expressway (NSE), will be applying several strategies to channel traffic and strengthen its highway operations for smoother travels during the Chinese New Year holidays.

Business

MARC affirms ratings of PLUS' RM23.35b Sukuk

KUALA LUMPUR: Malaysian Rating Corp (MARC) has affirmed its AAAIS rating on Projek Lebuhraya Usahasama Bhd's (PLUS Bhd) RM23.35bil Sukuk Musharakah programme with a stable outlook.

Business

Sekijang MP says best to keep Plus in government hands

KUALA LUMPUR: A Member of Parliament has joined the tide of concern over Plus Malaysia Bhd possibly being acquired by a private party, saying the profitable highway operator should remain in government hands.

Community

PLUS spends RM1bil yearly to maintain all assets

PLUS Malaysia Bhd (PLUS) spends about RM1bil every year to maintain all its highways and its assets.

Nation

PLUS allowed to raise toll rates 5% every three years until 2038

KUALA LUMPUR: PLUS Expressway Berhad toll charges may go up by 5% next year under the revised highway concessionaire agreement.

Business

PLUS Malaysia appoints Mohamad Nasir as chairman

KUALA LUMPUR: PLUS Malaysia Bhd has appointed Datuk Mohamad Nasir Ab. Latif as its chairman effective from Thursday.