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> Rakyat already owned PLUS highway..., Khazanah 51% share, EPF 49% share...

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SUScatherintherye
post Jan 14 2020, 10:20 PM, updated 6y ago

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PLUS sale needs to be done properly via Khazanah, EPF — Shahril Ridza
https://www.theedgemarkets.com/article/plus...f-shahril-ridza

KUALA 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.

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Since the rakyat already OWNED the Toll...why the Toll rate cannot be abolished or lower?? Strange...
SUScatherintherye
post Jan 14 2020, 10:21 PM

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Who is this UEM Group....that keep earning the "fees" and collections from Toll?

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