EPF, UEM not selling stakes in PLUS highways


As of noon on Wednesday (12pm, April 26), all 94 toll plazas on all Plus-operated highways nationwide are operating electronically. The affected highways are: North-South Expressway (NSE), North-South Expressway Central Link (Elite), New Klang Valley Expressway (NKVE), Federal Highway Route 2, Seremban-Port Dickson Highway, Butterworth-Kulim Expressway, Linkedua Highway and Penang Bridge.

PETALING JAYA: Two shareholders of PLUS Malaysia Bhd – the Employees Provident Fund (EPF) and UEM Group Bhd – have reiterated that they have no intention to sell their stakes in the country’s largest highway concessionaire.

UEM Group has a 51% stake in PLUS, while the EPF owns the remaining 49%.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Plus , EPF , UEM , highways , stakes ,

   

Next In Business News

FBM KLCI extends loss for second day running
Malaysia palm oil futures seen around and above RM5,000 to mid-2025, Mistry says
Gold prices set for second straight weekly fall
Oil prices fall as Hurricane Rafael expected to start weakening
Maybank Islamic Asset launches MISI Fund for corporate and institutional investors
FGV plans to export CPKO to europe via customer-end products
Sony posts 73% jump in Q2 profit, keeps outlook
Palm oil output in 2024 to recover in Malaysia, drop in Indonesia, Glenauk Economics says
Asia stocks sputter as focus shifts to China stimulus
Manufacturing sales value rises 2.9% to RM162.3bil in September

Others Also Read