Former finance minister says toll-operator should be allowed to collect toll during peak hours while the government absorbs cost of tolls at non peak hours.
Keuntungan Bersih Gamuda Bhd meningkat daripada RM530.18 juta kepada RM706.11 juta bagi tahun kewangan berakhir 31 Julai 2019.
Idea untuk mengambil alih lebuh raya Gamuda hanyalah salah satu daripada banyak cadangan yang diterima daripada beberapa pihak.
A decision on the toll issue is due soon, says a well-placed source in Putrajaya.
Amiruddin Hamzah says the government will carry out due diligence to determine the final value.
The finance minister says if the government is able to absorb operational and maintenance costs, toll-free highways were a possibility in the future.
Sebelum ini Putrajaya mengemukakan tawaran untuk mengambil alih kepentingan dalam 4 pengendali lebuh raya utama membabitkan nilai RM6.2 bilion.
This follows reports that government had made a RM6.2 billion bid to take over four concessions of tolled highways.
Ex-premier highlights view by experts that the government would suffer a loss and the people would continue to pay.
The consumer group says the end benefit for highway users is prohibitive.
Ong Kian Ming memberi contoh kadar tol LDP akan naik daripada RM2.10 kepada RM3.10 jika tiada pengambilalihan syarikat konsesi.
Gamuda menerima cadangan Menteri Kewangan Diperbadankan untuk Kesas, SPRINT, Litrak dan SMART.
This will involved the Kesas, LDP, Sprint and Smart highways.
Finance Minister Lim Guan Eng says the maximum congestion charge will be capped at the current toll rate.
The offer, valid until July 12, will be undertaken by a special purpose vehicle, wholly-owned by MoF Inc.
RAM Rating also says the proposal to introduce congestion charge will complicate toll abolition for highways.
Menteri Kewangan, Lim Guan Eng berkata, pemansuhan semua tol di seluruh negara memerlukan masa kerana ia tidak dikendalikan syarikat konsesi sama.
The finance minister says commuters will save up to RM180 million per annum with reduced traffic jam during peak hours.
The counter fell by 8.88% or 27 sen to RM2.77 with 17.3 million shares changing hands at 9.50am.
The PM says the government is now focusing on Klang Valley tolled highways.
The finance minister says the lower cost of construction will improve liability and future debt for the government, translating to lower ticket prices and higher passenger traffic.
The government should reveal whether the cost savings will be able to justify or cover the additional re-tender and compensation costs incurred as a result of cancelling the underground work package for the MRT 2.
Gamuda and MMC shares fell to the lowest in nine years after Putrajaya rejected an offer from the MMC-Gamuda consortium to build an underground portion of the MRT2 project.
The property developer says the site has been earmarked for an executive condominium development project.
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