Cabinet requests for re-tabling of PLUS takeover details

Khazanah Nasional currently owns 51% in PLUS Malaysia.

KUALA LUMPUR: The Cabinet has requested for a re-tabling of the details on the takeover bid of highway concessionaire PLUS Malaysia Bhd, said Works Minister Baru Bian.

He said Prime Minister Dr Mahathir Mohamad wanted a proper review before a decision can be made.

“But there’s no timeframe mentioned,” Baru told the press last night.

He said to-date, the government has received five offers for the country’s largest highway operator.