Govt offers RM6.2bil to buy Litrak and three other highway concessionaires


Heavy traffic along the Lebuhraya Damansara Puchong.RHB Research Institute is positive on the Ministry of Finance

KUALA LUMPUR: The government has made a huge offer to take over Lingkaran Trans Kota Holdings Bhd (Litrak) and other three other toll concessionaires all linked to Gamuda Bhd.

The government, in February this year, has announced its intention to acquire the four highways, as part of its election promise.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

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.
   

Next In Business News

Chinese electric vehicle brands are spreading to Azerbaijan
Bond market halts run as buyers pounce on 4.5% yields
Murky 2025 for currently strong US dollar
BYD’s hybrid pickup targets Australia’s love of petrol-guzzlers
Dai Nippon says Elliott has sold most of its stake
What changing US AI policy means to S. Korea
NCCP 2.0 to have wide-ranging impact
China keeps policy loan rate unchanged, again
Elevating the chip industry
Better conduct in insurance sales in Singapore is for long-term protection

Others Also Read