Report claims PH broke up due to bickerings over PLUS takeover

The PH government reduced toll rates by 18% in January after rejecting all offers to take over PLUS Malaysia.

“In the end, the administration rejected all bids for PLUS and restructured concessions to reduce highway fares instead of eliminating them,” said the report.In January, Putrajaya decided not to sell highways owned by PLUS spaning over 800km, including the North-South Expressway , the New Klang Valley Expressway , the ELITE highway and the Penang Bridge.

Besides Maju which made the bidding through Maju Holdings, three other proposals came from Widad Business Group, RRJ Capital as well as a joint offer by tycoons Halim Saad and Wong Gian Kui. “I don’t even know why they don’t want to sell. They didn’t tell me why they don’t want to sell,” Abu Sahid had told FMT.

Original article from Bloomberg

The same Maju Chairman who claimed that PH (ie Mahathir) bodoh? Naah, unlikely.

Not exactly..it is just a stepping stone for somebody to get someone to sell something at an inflated something.

is Bloomberg that slow with their news analysis - OR FMT stirring up the mud. Buat lah kerja yang betul, kalau nak jadi journalist ke, newsite ke

Maju Holding manages their highway maintenance cost better than PLUS.

With two angles of frustration 1) Tun m 2)Anwar's ~transition pressured then evil fr opposition kept suggesting that Tun shd complete Ge14 ( trapped) 'Almost all political debates by politicians are no more than mutual leg pulling.' By~ - Ravi Ranjan Goswami

The mudslinging is starting already?

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.

Pakatan to lodge report against Muhyiddin for allegedly misleading the KingPETALING JAYA: Pakatan Harapan will lodge a police report against Tan Sri Muhyiddin Yassin for allegedly misleading the Yang di-Pertuan Agong and Malay Rulers about the support he has to be prime minister, says the coalition chief whip Datuk Johari Abdul. Please PH make a police report too. Ti lie to the Agong is like being Brutus. His majestic is to be respected not made a fool of by the Brutus of Malaysia What’s this all about?
Source: staronline - 🏆 4. / 75 Read more »

Report tells how Saudis undermined KL SummitA London-based news outlet said it had documents showing the Saudi hand behind Imran Khan's decision to skip the event. FMTNews KLSummit
Source: fmtoday - 🏆 5. / 72 Read more »

Matta yet to receive any report on umrah refundKUALA LUMPUR: Malaysian Association of Tour and Travel Agents (Matta) has not received any report regarding refund of umrah travel packages, following the suspension of pilgrimage and tourist visas over fears of the Covid-19 outbreak.
Source: NST_Online - 🏆 17. / 53 Read more »

(Video) Fahmi Fadzil claims PH has 114KUALA LUMPUR: Will Pakatan Harapan (PH) get the numbers to form a government and present it to the King on time? Lembah Pantai MP Fahmi Fadzil recorde... 😊❤️
Source: theSundaily - 🏆 25. / 51 Read more »

PH leaders want Muhyiddin to prove claim of supportKUALA LUMPUR: Pakatan Harapan leaders have called on Prime Minister Tan Sri Muhyiddin Yassin to provide evidence that he has enough support among the 222 members of the Dewan Rakyat. melambai pada pokok poko berhampiran
Source: NST_Online - 🏆 17. / 53 Read more »

Johoreans hope political bickering will come to an end soonAs soon as umno and bn leave this earth Please stop showing photo of you and your kids..... Feel like vomiting.
Source: staronline - 🏆 4. / 75 Read more »