Business tycoon offers RM5.2 billion for Khazanah’s share in PLUS | The Malaysian Insight

PLUS Malaysia Bhd manages more than 1,300km of highway in Malaysia, including the Penang Bridge. – The Malaysian Insight file pic, October 17, 2019.

BUSINESS tycoon AN Halim Saad is the latest bidder for highway concessionnaire PLUS Malaysia Bhd, reportsHalim and another businessman Wong Gian Kui have made an offer of RM5.2 billion for Khazanah Nasional Bhd 51% stake in PLUS. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

If we pursue this route, it is better to allow the PLUS contract to run out...for very obvious reasons. Khazanah shld not be the mother to all concessionairs..

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Report: Malaysian tech start-ups leave for Singapore, Australia to grow business | Malay MailKUALA LUMPUR, Oct 15 — Poor responses and strict rules are among reasons which have pushed local tech start-ups to countries like Singapore to gain capital funding, and to Australia for public listing, The Malaysian Reserve reported today. Such companies include iflix — a video streaming... Too much govt interfering in business in Malaysia. Those who want to run a real business professionally will want to do so in a place like Singapore. Not surprised Singapore: shared prosperity. Malaysia: if i am unable to get it, you can't too, and if you have it, it's mine!
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