CIMB files arbitration to stop PLUS RFID


KUALA LUMPUR: CIMB Group Holdings Bhd, the parent company of Touch ‘n” Go Sdn Bhd, is seeking to stop highway operator PLUS Malaysia Bhd from launching its own toll payment collection system.

In a filing with Bursa Malaysia today, CIMB said it has filed and served a notice of arbitration dated Dec 17 on PLUS.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!
   

Next In Business News

PETRONAS reaches investment decision on Indonesia Hidayah field, regulator says
Nazir Razak: Global decoupling offers significant opportunities for Asean
Oil prices little changed as markets weigh demand against US inventories
Most Asian currencies, equities fall on US tariff, slow rate cut concerns
Malaysia aiming to become energy, chip making hub, PM says
Malaysia’s growth set to surpass 5% this year, minister says
NPC Resources major shareholders in talks for potential privatisation at RM2.82 per share
Competition in coffee chain market intensifies
Prices of landed houses in Klang Valley to rise up to 4% in 2025 - CBRE|WTW
Oil prices edge down on rising U.S. fuel inventories

Others Also Read