Best for Khazanah to manage PLUS, settle debt, says Dr M

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

However, the prime minister says the government will consider any offer to 'pay a high price' for the toll concession company. FMTNews MahathirMohamad

Dr Mahathir Mohamad leads Asean leaders, Japanese Prime Minister Shinzo Abe and Chinese Premier Li Keqiang at a photo session during the 22th Asean Plus Three Summit in Nonthaburi, Thailand, today.

He said the best choice currently is for Khazanah Nasional Bhd, the major shareholder in PLUS, to manage the toll concession company and settle its debt. It was reported that Khazanah managing director Shahril Ridza Ridzuan said the sovereign wealth fund was not interested to sell its stake in PLUS, which is the biggest toll concession company in the country.

However, Mahathir said the government was also prepared to let go of PLUS if there was a party willing to pay a high price to acquire it and assume its debt.

 

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:

 /  🏆 5. in LOANS

Loans Loans Latest News, Loans Loans Headlines