Malaysia’s Ministry of Finance (MoF) has opposed the takeover of highway operator PLUS Malaysia by Maju Holdings. In a separate development, Malakoff Corp is acquiring a 40 per cent stake in Khazanah-owned Shoaiba Consortium for $70 million (MYR 288.08 million).
Malaysia’s govt opposes PLUS acquisition by Maju
The government of Malaysia, through its Ministry of Finance (MoF), has made a preliminary decision to oppose Maju Holdings Sdn Bhd’s takeover of highway operator PLUS Malaysia Bhd.
