Bursa Malaysia ruling hinders govt plan to take over toll companies, says report | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Bursa Malaysia ruling hinders govt plan to take over toll companies, says report

The Pakatan Harapan government wishes to wrest control of toll companies to be able to fulfil its election promise to banish toll charges, but critics have pointed out that a selective proposed takeover of toll operations is not a viable permanent solution. – The Malaysian Insight file pic, December 2, 2019.

BURSA Malaysia may have scuppered the Finance Ministry’s ambition to seize control of highway concessionaires, Singapore’s Straits TimesCiting bankers close to the negotiations, the report said the bourse had laid down prohibitive conditions on the majority shareholders of the four highway companies the Malaysian governmentEffective July 2018, access to full reports will only be available with a subscription.

 

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 BUSİNESS

Business Business Latest News, Business Business Headlines