KLSE (MYR): INSAS (3379)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.995
Today's Change
-0.005 (0.50%)
Day's Change
0.99 - 1.00
Trading Volume
358,800
44 people like this.
45,899 comment(s). Last comment by TheContrarian 6 hours ago
2024-09-07
sohaitrader
666 posts
Posted by sohaitrader > 2020-01-10 10:08 | Report Abuse
2. PLUS Up for Sale?
PLUS Malaysia Bhd has attracted four bidders to date. The highest bid made so far is from Tan Sri Halim Saad and his partner Datuk Wong Gian Kui who have tabled a fresh RM6.8 billion offer, a third more from the RM5.2 billion bid earlier as rivals sweeten their offers as well for the highway concessionaire.
Dr Mahathir (second from left) looking at the Bandar Malaysia model. The revised Bandar Malaysia project will see greater role for local contractors and resources, as well as a greater number of affordable homes at the location
Halim has also proposed a 25% discount on toll rates and for the concession period to end as per December 2038. The former executive vice chairman of Sumatec Resources Bhd is seeking to buy Khazanah’s stake in PLUS, based on the offer letter to the government.
Wong sits on the boards of Insas Bhd, Inari Amertron Bhd, Ho Hup Construction Co Bhd, SYF Resources Bhd and Yi-Lai Bhd.