PLUS 18% reduction in toll rates begins at midnight
In a statement today, Finance Minister Lim Guan Eng said the affected motorists involve drivers of passenger vehicles, buses and taxis.
Coronavirus: Malaysia may push stimulus package 'if necessary', too early to revise GDP forecast for now
...pending a more detailed study on the overall impact of the outbreak.
ATTA Global confirms police raid on its premises, says operations will be 'substantially affected'
In a filing with Bursa Malaysia, the group said the police raided part of the premises, tenanted by a third-party, in relation to a drug probe.
Axis REIT looking to acquire RM140m worth of new assets this year
The focus remains on properties sought by the manufacturing and logistics sector, the management guided during its press briefing today, noting the persistent demand for such properties presently.
Khazanah and PLUS will reveal details of toll restructuring initiative later
In a statement issued this evening, Khazanah said PLUS and itself will announce further details of the toll restructuring initiative after further consultation with the government and other key stakeholders.
MMC-Gamuda formalises role in MRT2 as turnkey contractor
In separate filings to Bursa Malaysia today, MMC Corp and Gamuda said their joint venture (JV) unit MMC Gamuda KVMRT (PDP SSP) Sdn Bhd (MMC-Gamuda) has entered into a supplemental agreement to the PDP agreement with Mass Rapid Transit Corp Sdn Bhd (MRT Corp).
PMO: No toll hike on PLUS highways until 2058
In a statement today, the PMO said the government will implement an 18% reduction in toll charges on private vehicles plying PLUS-owned highways as early as Feb 1, 2020 to ensure there will be no toll rate hikes until the end of the 38-year concession between 2020 and 2058.
Shahril Ridza: PLUS sale needs to be done properly via Khazanah, EPF
“Any decision on sale from a governance point of view needs to be done properly through the current owners of PLUS, that is Khazanah and EPF. That part has not started.”
Explaining and putting into context the recorded Najib conversations
The recordings painted a clearer picture on how the then-prime minister interfered with Malaysian authorities to avoid prosecution, and sought help from the United Arab Emirates to help his stepson Riza Aziz who had been named in a US Department of Justice civil suit.
‘Najib sought fake loan to ‘clean’ money stepson received’
That was what Datuk Seri Najib Abdul Razak apparently told United Arab Emirates (UAE) Crown Prince on the night of July 22, 2016 — two days after the US Department of Justice (DoJ) filed a complaint to seize assets worth more than US$1 billion tied to money stolen from 1Malaysia Development Bhd (1MDB), where US authorities believe more than US$4.5 billion had been siphoned off.
