Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

> Widad Group offers RM3B for PLUS, reduce toll 40%

views
     
ashburn98
post Oct 10 2019, 03:10 PM

Runaway train
******
Senior Member
1,570 posts

Joined: Nov 2005
QUOTE(wadepak @ Oct 10 2019, 02:41 PM)
KUALA LUMPUR: Widad Business Group (WBG) has offered to buy PLUS Expressways Bhd concessionaires by taking over the 51% stake owned by Khazanah Nasional Bhd for a RM1.5 billion cash consideration, or 100% of the concessionaires owned by Khazanah and the Employees Provident Fund (EPF) for RM3 billion cash.
...


Khazanah owns 51% of PLUS and EPF 49%. This followed a takeover in 2011, in a transaction valued at RM32 billion.
*
garage sale lowballer also lose, i think.

Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0144sec    0.45    6 queries    GZIP Disabled
Time is now: 28th November 2025 - 09:33 PM