Home Tags PLUS

Tag: PLUS

18% discount on PLUS toll begins this midnight

The PLUS toll rate will be reduced by 18 percent beginning 12.00 midnight today.

Free toll will remain as a dream – Gerakan

The government is urged to abolish toll in stages until the concession ends for the next 38 years, said the President of Gerakan Datuk Dr. Dominic Lau

No PLUS toll increment until concession ends in 2058

The 18 percent discount on all private vehicles using the PLUS Malaysia Berhad (PLUS) tolls will commence on 1 February with no toll increment until 2058

PLUS remains with Khazanah, will not be sold

The government has decided not to sell the PLUS Malaysia Berhad highway concession. On the contrary, it will remain to be owned by Khazanah Nasional Bhd (Khazanah) and the Employees Provident Fund (EPF).

PLUS takeover: Will be announced soon

Finance Minister Lim Guan Eng said that the Cabinet will discuss on the proposal to takeover the highway concessionaire, PLUS Malaysia Berhad (PLUS).

Khazanah not interested to sell PLUS – Shahril Ridza

Although he has not read the latest proposal from Widad Business Group Sdn. Bhd. (Widad), Managing Director of Khazanah Nasional Bhd., Datuk Shahril Ridza Ridzuan maintained his position on not interested in selling the PLUS Expressway Bhd. (PLUS).

PLUS closes reload booths until 29 October

PLUS Malaysia Berhad (PLUS) will close all reload booths at its toll plazas from 24 - 29 October to ease traffic congestion in conjunction with Deepavali

Widad Business Group offers to buy PLUS

Widad Business Group (WBG) has made a proposal to buy the PLUS Expressways Berhad’s concessionaires by taking over 51 percent of Khazanah Nasional Bhd’s shares for RM1.5 billion in cash consideration, or 100% of Khazanah and Employees Provident Fund’s (EPF) shares for RM3 billion in cash consideration.

PLUS takeover: There are better proposals, more beneficial to the people

The Ministry of Finance (MoF) has received other proposals from Khazanah Nasional Bhd on PLUS Malaysia Bhd takeover, deemed as more attractive and beneficial to the rakyat

Buying over PLUS does not stop toll collection – Mahathir

Highway toll collection will continue even if concessionaire PLUS Malaysia Sdn Bhd is taken over by any other entity, Prime Minister Tun Dr Mahathir Mohamad