Toll abolition: An analyst says MRCB faces some hurdles in selling the highway due to valuation disparities and the debt structure of the EDL.
MALAYSIAN Resources Corp Bhd’s (MRCB) plan to dispose of its Eastern Dispersal Link (EDL) is on track, following the Government’s decision to abolish toll collection on the highway.
MRCB will likely be compensated by the Government, according to analysts.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
