Govt finding best way to resolve PLUS debt, PM says


Dr Mahathir said the best choice currently is for the country’s sovereign wealth fund, Khazanah Nasional Bhd, which is the major shareholder in PLUS, to manage the toll concession company to settle its debt.

BANGKOK: The government is finding the best solution to resolve the financial problems plaguing PLUS Malaysia Bhd (PLUS), said Prime Minister Tun Dr Mahathir Mohamad.

He said the best choice currently is for the country’s sovereign wealth fund, Khazanah Nasional Bhd, which is the major shareholder in PLUS, to manage the toll concession company to settle its debt.

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!

PLUS Malaysia , Khazanah , Dr Mahathir , resolve , debts

   

Next In Business News

TNB announces 14% hike in base electricity tariff from 2025-2027
Ringgit strengthens against US dollar as rising oil prices lift sentiment
MYMBN faces temporary suspension of bird’s nest exports to China
TNB shortlisted to develop 500MW solar plant in Kedah under LSS5
CCK Consolidated declares special dividend of 5.0 sen
Santa Claus rally extends on Bursa Malaysia
Alibaba, E-Mart to create US$4bil e-commerce JV in Korea
Oil prices inch up on hopes for more China stimulus
Gold gains on geopolitical turmoil; Fed, Trump's 2025 policies in focus
EPF ceases to be substantial shareholder in YTL Power after share disposal

Others Also Read