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KUALA LUMPUR: Prolintas Managers Sdn Bhd (Trustee-Manager), the Trustee-Manager of Prolintas Infra Business Trust (Prolintas Infra BT) has signed an underwriting agreement with four investment banks in conjunction with Prolintas Infra BT’s initial public offering (IPO) exercise on the Main Market of Bursa Malaysia Securities Bhd.
The Government has agreed with the proposal to restructure four highway toll concession companies under Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) to reduce the toll rates of the highways involved, said caretaker Prime Minister Datuk Seri Ismail Sabri Yaakob.