Putrajaya offers Gamuda RM6.2 billion for stake in 4 highway operators | The Malaysian Insight

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Putrajaya offers Gamuda RM6.2 billion for stake in 4 highway operators

The government has embarked on a plan to take over four tolled highways and replace toll with a congestion charge that will vary during peak and non-peak hours. – The Malaysian Insight file pic, June 21, 2019.

MINISTER of Finance Inc has offered to buy Gamuda Bhd’s stake in four expressway concessionaires for RM6.2 billion, as the government works towards reducing toll in the Klang Valleywith Bursa Malaysia today, Gamuda Bhd said it has received letters of offer from MoF Inc to acquire its shares in four companies.

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