Digital Nasional Berhad (DNB) has announced that four major telecommunication companies have completed the share subscription agreement (SSA), with each obtaining a 16.3% stake. Those involved include CelcomDigi (through Infranation Sdn Bhd), Maxis, U Mobile, and YTL (through YTL Communications Sdn Bhd).
Wow this MLFF will save 28 percent of conventional toll booth collection system. Expected around 250 mil of saving yearly. MLFF operator only take less than 10 percent of the total collection as operator.
Yes cwc1981, the proposed MLFF will help to save some RM200 million of operating costs for highway concessionaires every year by doing away the various gantry systems by touch-n-go / Smart Tag / RFID by third parties. And there will be no impact to highway concessionaires in terms of toll collection as MLFF operator will collect the toll and pay back to highway concessionaries in 1 working day, no different from the current payment terms of touch-n-go.
The current resistance to MLFF mainly stems from the existing interest groups who operate the gantry systems who may tend to lose out on the lucrative contracts of over RM800 million a year. I have not seen any valid reason for the objection to MLFF system. Currently highway concessionaires mainly use the excuse that the MLFF operator has no prior experience in toll collection, that is a lame excuse. Did touch-n-go have any prior experience in toll collection before 1999 when it was introduced in highways? Did Smart Tag operator have any experience in toll collection before it was implemented in highways? Nonsense to me.
MLFF is the way forward to go for the country, as can be seen in other more advanced countries like Singapore where it is implemented so efficiently to minimise traffic congestion at toll collection plaza.
Hi @dragon328. Yes I also found us quite amusing that they use such a lame excuse saying no prior experience. I'm wondering who is the experienced one in Malaysia? Haha
@EquityJourneyman .... i think easily over the last 1 year, Yeoh family experienced the steepest increase in wealth far outweighing any other tycoon .... purely from ytl, ytlp, mcement, yland and ytl-r .... amazing story indeed .... hope its sustainable for us to piggy-back on :-)
Another positive development is that YTL REIT has recognized another round of revaluation gain of some RM130+ million for its hospitality assets. This will raise earnings at YTL REIT and in turn at YTL Corp level.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yewnamhung
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Posted by yewnamhung > 3 weeks ago | Report Abuse
Carry on~~~ up up & go !!!😍