Khazanah, EPF say yet to be engaged by Putrajaya on PLUS sale | Malay Mail

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KUALA LUMPUR, Jan 14 — Khazanah Nasional Bhd and the Employees Provident Fund (EPF), the owners of PLUS Malaysia Bhd, have not been formally engaged by the government on the sale of the highway concessionaire although the government has reportedly received takeover offers from several...

A view of the traffic on the PLUS Expressway near Sungai Buloh February 2, 2019. — Picture by Hari Anggara

“And that part has never started,” he told reporters on the sidelines of Bank Kerjasama Rakyat Malaysia Bhd’s Integrity Forum 2020 here today. “When we talk about the offers coming in, that is a bit mistaken because there is no bidding process and no bidders per se. “This is why we did not entertain any of the previous offers because, to be honest, the offers undervalued the assets.”

 

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