Friday, May 20, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

Toll Rates Of Four Highways To Remain Unchanged

Private company Amanat Lebuhraya Rakyat Bhd offers to acquire concessionaires.

by Ian Chee
April 4, 2022
KESAS highway

Source: Wiki Farazi / Wikimedia Commons.

53
SHARES
1.1k
VIEWS
Share on FacebookShare on Twitter

The government has agreed to the restructuring of four Klang Valley highway concessionaires. As part of the restructuring, the toll rates on the affected highways will not be raised. In fact, their toll rates will remain unchanged until the end of their concession period.

These concession companies and their respective highways are Kesas Sdn Bhd (Kesas Expressway), Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd (SMART Tunnel), Sistem Penyuraian Trafik KL Barat Sdn Bhd (SPRINT Expressway), and Lingkaran Trans Kota Sdn Bhd (Damansara-Puchong Expressway). In a media statement, Works Minister Fadillah Tusof said that in exchange for not raising the toll rates periodically, the concession period themselves will be extended.

KL SMART Tunnel entrance
Source: Azreey / Wikimedia Commons.

A private “not-for-profit” company called Amanat Lebuhraya Rakyat Bhd has offered to buy all of the four companies’ shares. That being said, the company does not get the exclusive right to determine the length of the concessions’ extension, which is subject to traffic volume and the government’s analysis from time to time.

ADVERTISEMENT

According to the statement, this restructuring will also reduce the compensation cost from 1 January 2022 until the end of the concession period. This will help the government save up to RM4.3 billion in toll subsidies.

(Source: Ministry of Works / Facebook)

Tags: Newstoll
Updated 5:08 pm, Tue, 5 April 22
Back to top
Share21Tweet13SendShare

ADVERTISEMENT

RELATED ARTICLES

hishammuddin hussein defence minister jpn data leak
Data Breaches

Defence Minister Not Worried About Personal Data Leak

by Ikmal Rozlan
May 20, 2022

Just recently, a database showed up on a popular database marketplace that contained the personal information of about 22.5 million...

Read more
Twitter To Hide False And Misleading Tweets During Crises
Social Media

Twitter To Hide False And Misleading Tweets During Crises

by John Law
May 20, 2022

Twitter is introducing a crisis misinformation policy, in an effort to prevent the further spread of false information during times...

Read more
A New Daredevil Series In The Works For Disney Plus
Entertainment

A New Daredevil Series In The Works For Disney Plus

by John Law
May 20, 2022

It looks like Marvel's Daredevil series is making a return to the stream, although it is clear that the show...

Read more
GameStop
Gaming

Hedge Fund Involved In GameStop Shares Rally Throws In The Towel

by John Law
May 20, 2022

Remember the GameStop share frenzy that occurred at the start of 2021, when a group of amateur stock investors on...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Data Breaches

    Another JPN Database Appears Online With An Asking Price Of Almost RM44,000

  2. 2
    Mobile Phones

    OPPO Find X5 Pro Goes Official In Malaysia For RM4,999

  3. 3
    Fintech

    You Can Now Terminate Touch n Go RFID Tag Online

  4. 4
    News

    Amazon Web Services To Develop Data Centres In Malaysia

  5. 5
    Random

    IT Admin Imprisoned Seven Years For Wiping Out Company Servers

Lowyat.NET

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.