Finance minister: Study on impact of taking over other tolls ready in two to three months | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Finance minister: Study on impact of taking over other tolls ready in two to three months

onFinance Minister Lim Guan Eng says a study on the proposal to take over other toll concession companies throughout the country is expected to be completed in two to three months. — Picture by Shafwan Zaidon

Lim said the study conducted with the cooperation of the Works Ministry would be carried in detail as the process to take over other toll companies is more complex compared to the four concessions under Gamuda Bhd .“From the financial architecture, we have to look at more details for other tolls nationwide,” he told a media conference after launching 2019 Revenue Day here today.

“In this aspect, it is clear in terms of structure. Further more it is something proposed by them and here there are no elements of coercion as negotiations between the government and the company was conducted in a cordial and professional manner,” he said. “I do not want to discuss the issue as it involved the share price and other rates, let us resolve it in six months and reduce the side effects,” he said.

 

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:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines