Dr M: No decision yet by Cabinet on highway takeover

Published on 9 Jul 2019 1:46:26 PM

Prime Minister Tun Dr Mahathir Mohamad said the Cabinet has yet to make a final decision to acquire Gamuda Bhd's stake in four highway companies.

The four highways in question are Kesas, LDP, Sprint and Smart.

On June 22, Finance Minister Lim Guan Eng confirmed that the Federal Government had made a conditional offer subject to Cabinet approval to acquire the four highways at the total cost of RM6.2bil.

Read more at https://www.thestar.com.my/news/nation/2019/07/09/dr-m-no-decision-yet-by-cabinet-on-highway-takeover/