KUALA LUMPUR, April 9 Claims that highway users will be paying toll indefinitely following the restructuring of four companies with an extension of the concession period are untrue, according to the Ministry of Works (KKR). KKR in a statement today said concessionaires cannot arbitrarily add on.
KUALA LUMPUR: The toll restructuring exercise which will see no increase in toll rates on four highways in the Klang Valley until the end of the concession period is not a policy of Pakatan Harapan, says Datuk Seri Fadillah Yusof.
KUALA LUMPUR, April 5 Motorists could stand to save RM5 billion from the government’s proposal to restructure four toll concessions, said a Gamuda executive who hailed the proposition as a win for both the people and the government. Its deputy group managing editor Mohammed Rashdan Mohd Yusof.
PETALING JAYA: The proposal to dispose of Gamuda Bhd’s four urban highway assets to a non-profit private company – Amanat Lebuhraya Rakyat Bhd (ALR) – for RM5.5bil is an opportunity for the former to unlock value, while its shareholders could be rewarded by a special dividend distribution.
KUALA LUMPUR, April 6 The toll restructuring exercise executed by the government was not a Pakatan Harapan (PH) policy, as the plan already existed during the Barisan Nasional (BN) era, Works Minister Datuk Seri Fadillah Yusof said. In a statement today, Fadillah said that the government began.