Sprint Highway takeover 'positive' for company, says minority shareholder

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Kumpulan Perangsang Selangor says it will further streamline their effort in growing the core businesses.

Kumpulan Perangsang Selangor, which owns 20 percent share in the Sprint Highway, said Putrajaya's bid to take over the tolled-road would be positive for the company.

"Monetising the non-core asset will position us a step closer to moving in the intended direction and ensuring the strategic business alignment at the group level. Among the major shareholders of Litrak are Gamuda , Amanahraya Trustee Berhad , Skim Amanah Saham Bumiputera and Employees Provident Fund .in a bid to restructure the existing toll system.

 

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