Monday, 06 Sep 2021 07:43 PM MYT
In a statement today, MOT said the policy, among others, involved that the parent company’s equity holding in a subsidiary must be at least 51 per cent subject to other related conditions, and only applicable to containerised cargo until informed otherwise. The interchanging of prime mover and trailer allowed weight should be the lowest weight between laden weight of the semi-trailer or trailer or gross combined weight of the prime mover, it said.
The ministry added that companies would be able to save time and reduce operating costs by between 10 per cent and 20 per cent by shortening the rotation speed of prime movers.
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