Buy your next car at myTukar AutoFair 2022 on Jan 7-9! paultan.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paultan.org Daily Mail and Mail on Sunday newspapers.
Gamuda clarifies proposal on tolled highway trust A view of Lebuhraya Shah Alam, commonly known as Kesas. – Gamuda website pix
PETALING JAYA:
Gamuda Bhd has denied that its proposal to have four tolled highways acquired by a highway trust involved an enterprise value of RM5.2 billion.
“The speculated enterprise value of RM5.2 billion for a highway trust proposal is incorrect,” Gamuda said in a stock exchange filing today.
However, Gamuda confirmed that its highway trust proposal to the government does entail the sale of its highway concession at fair market value, to an independent entity funded entirely by private debt capital markets.
Concrete block from lorry falls on KL road along SUKE | Malaysia malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Unusual sight: The quiet traffic situation on Kuala Lumpur and Selangor highways ahead of Chinese New Year amid the MCO. MUHAMAD SHAHRIL ROSLI/The Star
PETALING JAYA: Traffic volume on the North-South Expressway saw a significant drop during this year’s Chinese New Year holidays compared to last year’s pre-Covid-19 times, says Plus Malaysia Berhad.
“Plus records a daily average of 760,000 vehicles as compared to the two million on peak days during last year’s Chinese New Year holidays.
“The low volume of traffic at all our highway network, when compared with the normal Chinese New Year festive period, arises from the banning of interstate and inter-district travel during the movement control order, ” said Plus Malaysia Berhad chief operating officer Zakaria Ahmad Zabidi.
Bursa Securities freezes upper limit of Seni Jaya thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.