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

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jmas
post Jan 16 2020, 07:10 PM

I can edit title???
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QUOTE(DarkNite @ Jan 16 2020, 04:45 PM)
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!!!
*
he forgot most of the PLUS highway is middle of nowhere, which increased the cost
meanwhile MEX mostly within city

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