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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
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).
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.
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
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