Briefing on KL Tower soon


PUTRAJAYA: The Communications and Digital Ministry is examining the acquisition of the ownership of the management of Kuala Lumpur Tower (KL Tower) from Telekom Malaysia Bhd (TM) through its subsidiary Menara Kuala Lumpur Sdn Bhd (MKLSB) by Hydroshoppe Sdn Bhd.

Minister Fahmi Fadzil said he would receive a comprehensive briefing on the matter from TM on Jan 3, 2023 after receiving a detailed briefing on the KL Tower management concession from the ministry on Dec 14.

“I understand that the KL Tower management concession is now in its third interim period until Dec 31, 2022 by MKLSB.

“The ministry is closely monitoring the issue and is ready to give its full cooperation should the authorities conduct any investigation regarding this issue,” he said in a statement yesterday. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Telekom Malaysia , KL Tower , Fahmi Fadzil

   

Next In Business News

Bank of England cuts rates but sees higher inflation after Reeves' budget
Tengku Zafrul: Malaysia secures potential exports to China worth RM3.2bil
Malaysia ready for new investment era with clear economic vision - MoF
Microlink wins RM83.5mil project from Home Affairs Ministry
Ringgit marginally lower against US dollar at the close
TWL Holdings secures RM42.5mil banking facility from UOB Malaysia
Ekovest's Lim is said to consider sale of toll roads for RM5bil
Sunway Malls projects 5% growth for 2024
Pentamaster 3Q net profit halves to RM11.8mil
Metro Healthcare’s 156.63 mln IPO shares for public oversubscribed by 38.60 times

Others Also Read