‘Huge moral hazard’ to put PLUS in private hands, says Khazanah MD | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

‘Huge moral hazard’ to put PLUS in private hands, says Khazanah MD

Khazanah, which owns a 51% stake in PLUS, has reportedly rejected all takeover offers from both local and foreign private entities. – AFP pic, October 7, 2019.

IT is a “huge moral hazard” to put PLUS Malaysia Bhd, the country’s largest highway concessionaire, in the hands of the private sector, said the Khazanah Nasional Bhd managing director.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Newcastle win will be huge boost for Man Utd: SolskjaerMANCHESTER: A win for Manchester United in their next league game against Newcastle United on Sunday would be a huge morale boost for the squad ahead of the international break, manager Ole Gunnar Solskjaer has said.
Source: NST_Online - 🏆 17. / 53 Read more »

Newcastle win will be huge boost for Man Utd, says SolskjaerUnited have made their worst start to a league season in 30 years. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

Newcastle win will be huge boost for Man Utd, says Solskjaer(Reuters) - A win for Manchester United in their next league game against Newcastle United on Sunday would be a huge morale boost for the squad ahead of the international break, manager Ole Gunnar Solskjaer has said.
Source: staronline - 🏆 4. / 75 Read more »

Khazanah has no intention to sell PLUS, says MDKUALA LUMPUR: Khazanah Nasional Bhd, the majority shareholder of PLUS Malaysia Bhd, has affirmed that it is not going to sell its strategic asset to a... Why should Khazanah sell. Its an investment fund and this asset makes money and gives a decent ROI. Why should it be sold to prop or support a crony instead? How come they aren't interested in loss makers like Silterra which has been up for sale for years? Hope you are not mr flip flop.
Source: theSundaily - 🏆 25. / 51 Read more »

No way Khazanah selling off PLUS, says managing director | The Malaysian InsightInterested parties offered to buy strategic asset at undervalued prices, says Shahril Ridza Ridzuan. Ok. But is Pakatan abolishing toll? Or at least a 20-30% reduction in toll rate? There is so much wastage & leakage in Plus resulted in high operating cost & rakyat has to pay higher toll! Is Pakatan going to restructure the over ballooned Khazanah & Plus? chedetofficial
Source: msianinsight - 🏆 8. / 63 Read more »

Not interested - Khazanah's reply on selling Plus highwaysThere are many offers from different parties…our reply is very simple - we are not interested in selling, says Khazanah MD. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »