Media & Downloads
Press Releases

15 January 2020

Khazanah clarifies media reports on PLUS Malaysia

Khazanah Nasional Berhad (“Khazanah”) refers to various media reports regarding PLUS Malaysia Berhad (“PLUS”), and would like to provide the following clarification:

1. The Government has been engaging the shareholders of PLUS with the objective of reducing the burden of tolls on highway users, relieving the Government of compensation pressures, as well as respecting the value of the highway concession for existing debt and equity holders.

2. There have also been several unsolicited offers which Khazanah is aware of, although the parties concerned have not directly engaged with us. We have provided advice and viewpoints to the Government and have engaged with it to assist in determining policy considerations towards achieving the objectives stated above.

3. Khazanah would like to emphasise again that throughout the entire engagement process, the Government has been thoroughly professional and has upheld the appropriate governance in striving for the best resolution to the matter.

END



Other Press Releases
12 September 2023

Khazanah and Khazanah Research Institute, in colla...

Read more  

27 July 2023

Khazanah Stands Ready to Support “Ekonomi MADANI...

Read more  

25 July 2023

Khazanah Impact Innovation Challenge 2023 Calls fo...

Read more  

13 July 2023

Global Venture Capital Firm Antler Partners With K...

Read more  

27 June 2023

Khazanah spearheads green investment platform to a...

Read more  

6 June 2023

Khazanah invests in homegrown full-stack InsurTech...

Read more  

25 May 2023

Khazanah reopens Malaysia’s USD Sukuk and Bond M...

Read more  

27 April 2023

Khazanah assigned A3/A- by International Credit Ra...

Read more  

19 April 2023

Khazanah leads concerted efforts to uplift PPR com...

Read more  

9 April 2023

Iskandar Malaysia Studios attracts foreign investm...

Read more