MORE restructuring of highway operators is likely following the proposed takeover of four highway concessionaires linked to Gamuda Bhd by Amanat Lebuhraya Rakyat Bhd (ALR).
Touch 'n Go Group (TNG Group) has been in the spotlight recently with its latest micro-loan product, GOpinjam, which charges borrowers interest rates between 8% to 36% per annum.
KUALA LUMPUR: The government has revived the takeover of four expressway concessions in the Klang Valley but more may be on the cards as discussions are ongoing.
KUALA LUMPUR, April 4 The trading of Lingkaran Trans Kota Holdings Bhd (Litrak) and Gamuda Bhd securities has been suspended after the two companies received conditional letters of offer from Amanat Lebuhraya Rakyat Bhd (ALR), with ALR offering to acquire all the securities.