Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

> Khazanah was “stealing money” via PLUS?!, Betul ke?!

views
     
TSDarkNite
post Jan 16 2020, 04:45 PM, updated 6y ago

ФĻĐ ИΞШB!Ξ
********
All Stars
11,058 posts

Joined: Jun 2008
Abu Sahid meanwhile said the government’s decision to keep PLUS was “stupid”, adding that Khazanah was “stealing money”.
https://www.freemalaysiatoday.com/category/...n-to-keep-plus/
Abu Sahid Mohamed of Maju Holdings called the decision “stupid”, and questioned why it was not conveyed to him despite his company being invited to make an offer.
They must remember I was invited to quote, to bid. Not like other people who just entered without invitation,” he said.

He went on to call for the Malaysian Anti-Corruption Commission (MACC) to investigate Shahril.

He said his company’s cost of resurfacing highways was only one-third of Khazanah’s cost.

“They are paying RM58 per metre square for resurfacing the road. I am paying RM18.”


In its amended proposal in October last year, Maju Holdings had offered to buy PLUS for RM34.9 billion including debt.

The company said it would be able to reduce toll charges by 25% to 36%, adding that it was not seeking financial compensation from the government for the reduction.

The company had also cited its cost-effective management of the MEX Highway.

“In fact, we have one of the lowest costs per kilometre in the country. As such, we are confident we will be able to reduce maintenance costs for PLUS,” it said.

Meanwhile ....
PLUS would be given 20-year extension of toll concession ... 18 years + 20 years = 38 years wadepak!!! vmad.gif wadepak!!!


TSDarkNite
post Jan 16 2020, 04:57 PM

ФĻĐ ИΞШB!Ξ
********
All Stars
11,058 posts

Joined: Jun 2008
QUOTE(wadepak @ Jan 16 2020, 04:53 PM)
Wah RM58 and RM18

sooo much different

songlap besar
*
samseng, tipu, curi berbillion & songlap kaw kaw budaya kami!
dulu, kini & selama nya!
#BaruMsia?
#ApaMaluBossKu!
TSDarkNite
post Jan 16 2020, 05:38 PM

ФĻĐ ИΞШB!Ξ
********
All Stars
11,058 posts

Joined: Jun 2008
QUOTE(kevyon6 @ Jan 16 2020, 05:11 PM)
he not shiok the cronies take the extra markups lor for resurfacing the roads eventhough it cost 3 times less for him to do the same..just name the cronies la for resurfacing the roads.
*
Ha ha ha ha, dunno how true?
Maybe that's why he butthurt & call MACC to investigate?

TSDarkNite
post Jan 16 2020, 06:07 PM

ФĻĐ ИΞШB!Ξ
********
All Stars
11,058 posts

Joined: Jun 2008
QUOTE(keyser soze @ Jan 16 2020, 05:52 PM)
pandai cakap, resurfacing work ask Khazanah sub to you, but make sure you provide 5 years warranty. RM18 maybe can only last 1 year.
*
QUOTE(ycs @ Jan 16 2020, 05:59 PM)
taxpayers fund khazanah and KWSP who in turn own PLUS - 51% and 49% respectively

and we pay tolls to PLUS so they return some 'crumbs' to KWSP as dividends, the rest is siphoned off

better than ah long biz laugh.gif
*
“Why do they pay that [high] price?
https://www.theedgemarkets.com/article/plus...says-abu-sahid#

Not because they are stupid but because they have layers and layers and layers, from PLUS, they give it to Propel (Projek Penyelenggaraan Lebuhraya Bhd), then to UEM Edgenta (Bhd), so many other companies (all within the UEM and Khazanah stable). By the time it goes to the guy who really does the job, there is just skin,” Abu Sahid says.

“PLUS’ contractors are the same ones that DUKE (Duta-Ulu Kelang Expressway) uses, the same ones that we (MEX) use, it’s the same people that do the job, be it the slopes, roadworks, landscaping … it’s the same people,” he adds, explaining how he knows what goes on at PLUS.

Reported to MACC, ke? whistling.gif

Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0137sec    0.62    6 queries    GZIP Disabled
Time is now: 25th November 2025 - 03:26 PM