30 Oct '17, 2am

Government to compensate PLUS for toll abolishment

Following the announcement that four toll booths will cease collection from January 1, 2018, it has now been revealed the government will pay compensation to PLUS Malaysia beginning next year. This is according to Datuk Seri Ahmad Zahid Hamidi, deputy prime minister, in an article by The Sun . Due to an existing contract between the government and the concessionaire, which is scheduled to end in 2038, the former will have to compensate the latter for the remaining 20 years as the toll abolishment comes ahead of schedule. The concessionaire released a statement on Saturday (October 28, 2017), explaining that the 2011 revised Concession Agreement stated that collection at Batu Tiga and Sungai Rasau was only scheduled to end on December 31, 2038. “The agreement for the concession is up to 2038. So, when the tolls are abolished, it means that the government will pay compensati...

Full article: https://paultan.org/2017/10/30/government-to-compensate-p...

Tweets

see here government paying toll concessionaires...

paultan.org 26 Oct '17, 4am

It was reported earlier this week that only four highways are entitled to toll hikes next year, with those highways being ...

#Somalia fires security chiefs as Mogadishu attack toll climbs to 27 @AFP

#Somalia fires security chiefs as Mogadishu att...

sg.news.yahoo.com 29 Oct '17, 4pm

The death toll from a deadly attack on a hotel in Mogadishu rose to 27 on Sunday, prompting the Somali government to sack ...

The Government Continues Attempts To Take Down ...

zerohedge.com 31 Oct '17, 5pm

First, I do believe the people claiming to "represent" us are finally being exposed for what they really are. Unfortunatel...

Nike Fuses Two Silhouettes to Make the All-New VaporMax Plus

Nike Fuses Two Silhouettes to Make the All-New ...

highsnobiety.com 02 Nov '17, 3pm

Nike blends design sensibilities from the Air Max Plus and the VaporMax to present the all-new VaporMax Plus. The hybrid s...

Government still paying millions in fuel subsidies

paultan.org 31 Oct '17, 7am

According to a report by The Malay Mail , the Malaysian government is still paying millions of ringgit every month for fue...