DPM Muhyiddin: Govt not decided on selling PLUS

The government has not made any final decision on whether it should sell the PLUS EXPRESSWAYS BHD [], Deputy Prime Minister Tan Sri Muhyiddin Yassin said.

“There is nothing finalised,” he was quoted saying by wire reports on Monday, Sept 27.

A year ago, Asas Serba Sdn Bhd had mooted a plan to buy all the toll concessionaires in Malaysia for RM50 billion.

However, analysts were sceptical of Asas Serba's plan as it would be a costly affair, resistance from the shareholders and also funding issues.

PLUS closed five sen higher at RM4.17 at midday.



Written by The Edge Financial Daily