Busy highway: The NSE runs across peninsular Malaysia from Padang Besar to Johor Baru. An increase in toll rates affects many people – from ordinary folk to business people.
JUST five years ago, the Maju Group went into an agreement to dispose of the MEX Highway to EP Manufacturing Bhd
for a sum of more than RM1.8bil. The disposal failed to materialise and it failed to get out of the highly regulated and politically sensitive toll concession industry.
Last week, Maju Group made a RM36bil bid for Projek Lebuhraya Usahasama Bhd (PLUS), the owner of five major highways including the North-South Expressway (NSE). If the bid is successful, it would own the most lucrative and hotly disputed set of highways in the country.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
