Maju Holdings bids to take over PLUS

PLUS operates the North-South Expressway, New Klang Valley Expressway, Federal Highway Route 2 and Seremban-Port Dickson Highway. – The Malaysian Insight file pic, September 12, 2017.

MAJU Holdings Sdn Bhd has made a bid of more than RM36 billion to take over PLUS Malaysia Bhd, the Edge Financial Daily reports.

PLUS is owned by UEM Group Bhd and the Employees Provident Fund (EPF). The Khazanah Nasional Bhd-owned UEM controls 51% of the highway operator with EPF controlling the rest.

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