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TSplouffle0789
post Jun 13 2025, 09:53 PM, updated 6 months ago

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Item Details
------------------------------------------------------------
Company Name CERAH SAMA SDN. BHD.
Company Registration No. 0315282P / 199401029601
Nature of Business INVESTMENT HOLDING
Date of Registration 1994-09-12
State SELANGOR


IJM CORPORATION BHD


IJM (3336)

The company’s Infrastructure Toll Division, which manages its highway assets, will lead the project.

The NPE currently spans 19.6km, connecting Subang Jaya to Kuala Lumpur, with three toll plazas and 44 lanes. A key component of the expressway, the Kuchai Link, serves as a vital connector to Besraya, enhancing traffic dispersal within the Klang Valley.






PROLINTAS dimiliki sepenuhnya oleh Permodalan Nasional Berhad (PNB).


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**Field** **Details**
**Company Name** LEBUHRAYA PANTAI TIMUR 2 SDN. BHD.
**Company Registration No.** 0276969H / 199301022231
**Nature of Business** OPERATIONS AND MAINTENANCE OF THE EAST COAST EXPRESSWAY PHASE 2.
**Date of Registration** 1993-09-24
**State** TERENGGANU


SENAI-Desaru Expressway Bhd (SDE), the concession holder of the 77km highway connecting Senai with Pasir Gudang and Desaru in Johor, could be a thorn in owner Tan Sri Hamdan Mohamad’s side. (Ranhill Boss)


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**Field** **Details**
**Company Name** SENAI - DESARU EXPRESSWAY BERHAD
**Company Registration No.** 0612633A / 200301010213
**Nature of Business** Construction, Operation and Maintenance of Highways in Malaysia
**Date of Registration** 2003-04-18
**State** JOHOR




The company is bleeding red ink, raising concerns over its sustainability.

Hamdan is the largest shareholder of the recently listed Ranhill Holdings Bhd with a 33.52% stake. His holding in SDE is held through Rancak Bistari Sdn Bhd, which has a 70% stake in the highway concessionaire.


**Field** **Details**
**Company Name** RANCAK BISTARI SDN. BHD.
**Company Registration No.** 0349393U / 199501020190
**Nature of Business** 1. Investment Holding<br>2. Provision of Management Services
**Date of Registration** 1995-07-04
**State** JOHOR

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No. Company Name Notable Highways Operated
---------------------------------------------------------------------------------------------
1 PLUS Expressways Berhad North-South Expressway (NSE), ELITE, BKE, NKVE
2 Anih Berhad East Coast Expressway Phase 1 (LPT1), Karak Highway
3 PROLINTAS INFRA BUSINESS TRUST [ PLINTAS (5320) ] AKLEH, SUKE, DASH, SPE, and more in Klang Valley
4 Maju Expressway (MEX) MEX Highway (KL to Putrajaya)
5 Kesturi DUKE Highway (Duta-Ulu Kelang Expressway)
5 LITRAK LDP (Damansara–Puchong), SPRINT
IJM Corporation Berhad Besraya, NPE, LEKAS
6 Gamuda Berhad Involved in SUKE and DASH


Field Details
Company Name ANIH HOLDINGS SDN. BHD.
Company Registration No. 0986557U / 201201013040
Nature of Business ACTIVITIES OF HOLDING COMPANIES
Date of Registration 2012-04-13
State null


As of 2025, Taliworks Corporation Berhad holds a 35% stake in SWM Environment Holdings Sdn. Bhd., via its acquisition completed in 2016 for about RM 245 million.

According to Taliworks' 2024 annual report, this 35% ownership remains unchanged, and it continues to be classified as an associate.



SWM Environment Sdn Bhd

A waste management company responsible for solid waste collection and public cleansing in the 3 southern states of


Johor, Melaka, and Negeri Sembilan.



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Datuk Lim Chee Meng is the controlling shareholder of Taliworks with a 53.82% stake, 49.89% of which is held through LGB Holdings Sdn Bhd — an investment vehicle of the LGB Group.


He is the son of the late Datuk Lim Geok Bak, who founded LGB Group in 1978.

Vijay Vijendra Sethu is the second largest shareholder of Taliworks with a 9% stake.


Item Details
Topic Government acquisition of Cheras–Kajang Highway concessionaire
Date 15 October 2015
Key Suggestion Government should acquire Cerah Sama Sdn Bhd instead of allowing toll hikes
Highway Operator Grand Saga Sdn Bhd
Parent Company Cerah Sama Sdn Bhd
EPF Initial Acquisition 31.85% stake from TALIWORKS CORPORATION BHD [KLSE (MYR): TALIWRK (8524) ] for RM 68.68 million (2014)
SEASAF Sale 35% stake sold for RM 80 million (2015)
EPF Effective Ownership (after 2015) 49%
Taliworks Ownership (after 2015) 51%
Estimated Cost to Acquire 51% Stake Not more than RM 120 million
Government Compensation to Grand Saga - RM 104.83 million (2003–2004) <br> - RM 59 million loan waived
Additional Compensation (2012) RM 120.55 million for toll plaza removal
Total Compensation (up to 2012) RM 284.5 million
Concession Expiry Year 2045
Cerah Sama Net Profit (2013) *** RM 18.3 million ******
Argument Summary Acquisition cost can be recovered in a few years through toll revenue, eliminating future compensation burdens on the public

This post has been edited by plouffle0789: Jun 17 2025, 07:46 PM
TSplouffle0789
post Jun 17 2025, 06:07 PM

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This post has been edited by plouffle0789: Jun 17 2025, 06:24 PM
JohnL77
post Jun 17 2025, 06:18 PM

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Wow one shot naik up to 80%.

This post has been edited by JohnL77: Jun 17 2025, 06:24 PM
haturaya
post Jun 17 2025, 06:20 PM

Look at all my stars!!
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100% cronies.
TSplouffle0789
post Jun 17 2025, 06:29 PM

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This post has been edited by plouffle0789: Jun 17 2025, 06:43 PM
TSplouffle0789
post Jun 17 2025, 06:51 PM

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QUOTE(haturaya @ Jun 17 2025, 06:20 PM)
100% cronies.
*
Company Name PLUS MALAYSIA BERHAD
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Company Registration No. 0923639A / 201001039714
Nature of Business INVESTMENT HOLDING
Date of Registration 2010-11-29
State SELANGOR


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This post has been edited by plouffle0789: Jun 17 2025, 07:48 PM
Zhik
post Jun 17 2025, 07:35 PM

eeerrrmmmnnn, stupidity has no limit?
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What u wanna do with them?
ticke
post Jun 17 2025, 08:00 PM

****E***y*u***i***@**
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ajar how to projeck songlap best practices?
mac_mac21
post Jun 17 2025, 08:07 PM

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How come Pan Borneo not in the list?????
Kawekawe
post Jun 17 2025, 08:11 PM

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Who the F is going to go to such expo?
qsub
post Jun 17 2025, 08:15 PM

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Like that also got expo ka?


nothomobutsuper
post Jun 17 2025, 08:44 PM

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Kepala hotak kau bayar tol untuk jammed
TSplouffle0789
post Jun 17 2025, 09:17 PM

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QUOTE(Kawekawe @ Jun 17 2025, 08:11 PM)
Who the F is going to go to such expo?
*
Those repair jalan SME lor


Or maybe CCTV company

Road Maintenance company

Maybe Michelin,Continental,Bridgestone,Goodyear also will go

This post has been edited by plouffle0789: Jun 17 2025, 09:18 PM

 

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