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Rakyat already owned PLUS highway..., Khazanah 51% share, EPF 49% share...
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SUScatherintherye
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 Jan 14 2020, 10:20 PM, updated 6y ago
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Getting Started
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PLUS sale needs to be done properly via Khazanah, EPF — Shahril Ridza https://www.theedgemarkets.com/article/plus...f-shahril-ridzaKUALA LUMPUR (Jan 14): Khazanah Nasional Bhd and the Employees Provident Fund (EPF) have never put highway concessionaire PLUS Malaysia Bhd up for sale and should the government decide to let go of PLUS, the next step is to conduct a formal engagement with the current shareholders. Khazanah managing director Datuk Shahril Ridza Ridzuan said today the formal engagement with PLUS shareholders Khazanah and EPF has not started. Malaysia sovereign wealth fund Khazanah via UEM Group Bhd owns 51% of PLUS while EPF holds the remaining 49%. “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. ... Since the rakyat already OWNED the Toll...why the Toll rate cannot be abolished or lower?? Strange... |
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SUScatherintherye
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Jan 14 2020, 10:21 PM
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Getting Started
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Who is this UEM Group....that keep earning the "fees" and collections from Toll?
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SUSb3ta
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Jan 14 2020, 10:22 PM
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because khazanah need to make money
read up on sovereign investment funds pls
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SUSzerozero00
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Jan 14 2020, 10:23 PM
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New Member
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Now you know why so many people drive like a-hole on PLUS.
Like they own the road
Owai
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imperialrealcs
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Jan 14 2020, 10:28 PM
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QUOTE(catherintherye @ Jan 14 2020, 10:20 PM) PLUS sale needs to be done properly via Khazanah, EPF — Shahril Ridza https://www.theedgemarkets.com/article/plus...f-shahril-ridzaKUALA LUMPUR (Jan 14): Khazanah Nasional Bhd and the Employees Provident Fund (EPF) have never put highway concessionaire PLUS Malaysia Bhd up for sale and should the government decide to let go of PLUS, the next step is to conduct a formal engagement with the current shareholders. Khazanah managing director Datuk Shahril Ridza Ridzuan said today the formal engagement with PLUS shareholders Khazanah and EPF has not started. Malaysia sovereign wealth fund Khazanah via UEM Group Bhd owns 51% of PLUS while EPF holds the remaining 49%. “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. ... Since the rakyat already OWNED the Toll...why the Toll rate cannot be abolished or lower?? Strange... so u think epf generating money and give 6% interest out of thin air? |
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wotvr
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Jan 14 2020, 10:29 PM
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Getting Started
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Gonna privatize to failed crony again. Then EPF won't have as high dividend as previously.
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ycs
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Jan 14 2020, 10:31 PM
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limeuu
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Jan 14 2020, 10:55 PM
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QUOTE(catherintherye @ Jan 14 2020, 10:20 PM) PLUS sale needs to be done properly via Khazanah, EPF — Shahril Ridza https://www.theedgemarkets.com/article/plus...f-shahril-ridzaKUALA LUMPUR (Jan 14): Khazanah Nasional Bhd and the Employees Provident Fund (EPF) have never put highway concessionaire PLUS Malaysia Bhd up for sale and should the government decide to let go of PLUS, the next step is to conduct a formal engagement with the current shareholders. Khazanah managing director Datuk Shahril Ridza Ridzuan said today the formal engagement with PLUS shareholders Khazanah and EPF has not started. Malaysia sovereign wealth fund Khazanah via UEM Group Bhd owns 51% of PLUS while EPF holds the remaining 49%. “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. ... Since the rakyat already OWNED the Toll...why the Toll rate cannot be abolished or lower?? Strange... you want lower epf dividend?.... can.... |
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gogocan
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Jan 14 2020, 11:42 PM
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Why atuk so keen on selling PLUS even when the current owner already said they are not selling.
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ikankering
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Jan 14 2020, 11:45 PM
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New Member
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yahoooo!!!
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CaptainLYN
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Jan 15 2020, 12:28 AM
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New Member
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QUOTE(catherintherye @ Jan 14 2020, 10:20 PM) Since the rakyat already OWNED the Toll...why the Toll rate cannot be abolished or lower?? Strange... EFP money is not tax money la. After retirement, EFP money is given back to people. If EFP investment is non-profitable, will you still get dividend? Will you still get back your money after retirement? You want toll maintenance cost to be deducted from your EPF account or not? TOPKEK. |
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moosset
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Jan 15 2020, 12:35 AM
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what abolish??
whoever use the toll, should pay for it.
If free-toll, then provide free public transports for ppl with no cars.
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kingmafia
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Jan 15 2020, 12:40 AM
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QUOTE(moosset @ Jan 15 2020, 12:35 AM) what abolish?? whoever use the toll, should pay for it. If free-toll, then provide free public transports for ppl with no cars. They did, with a monthly pass RM100 for unlimited ride. |
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SUS2malaysiajib
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Jan 15 2020, 12:40 AM
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New Member
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QUOTE(zerozero00 @ Jan 14 2020, 10:23 PM) Now you know why so many people drive like a-hole on PLUS. Like they own the road Owai lol that is one way of looking at it |
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SUSdjtong
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Jan 15 2020, 12:40 AM
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Getting Started
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QUOTE(CaptainLYN @ Jan 15 2020, 12:28 AM) EFP money is not tax money la. After retirement, EFP money is given back to people. If EFP investment is non-profitable, will you still get dividend? Will you still get back your money after retirement? You want toll maintenance cost to be deducted from your EPF account or not? TOPKEK. The maintenance cost is much much less than the toll /fact |
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SUSdjtong
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Jan 15 2020, 12:42 AM
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Getting Started
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QUOTE(moosset @ Jan 15 2020, 12:35 AM) what abolish?? whoever use the toll, should pay for it. If free-toll, then provide free public transports for ppl with no cars. Does this mean we shouldn't subsidize infrastructure in rural areas? Like you say, those who use it should pay for it... |
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gestapo
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Jan 15 2020, 01:14 AM
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lol who belip politicians?
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noien
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Jan 15 2020, 01:23 AM
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so why we pay for our own tol?
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doremon
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Jan 15 2020, 02:06 AM
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QUOTE(noien @ Jan 15 2020, 01:23 AM) so why we pay for our own tol? Because rakyat scare and clueless. Dunno what to do. Hence pay lor lol. |
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grixis
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Jan 15 2020, 04:35 AM
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Getting Started
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QUOTE(catherintherye @ Jan 14 2020, 10:21 PM) Who is this UEM Group....that keep earning the "fees" and collections from Toll? they maintain the highway QUOTE(gogocan @ Jan 14 2020, 11:42 PM) Why atuk so keen on selling PLUS even when the current owner already said they are not selling. so that plus wont keep on increasing tolls |
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