Ekovest's Lim is said to consider sale of toll roads for RM5bil

Quick Summary:

Malaysian tycoon Tan Sri Lim Kang Hoo is exploring selling his toll road business in a deal that could value the assets at as much as RM5bil (US$1.1bil), according to people with knowledge of the matter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

The stock has fallen 19% this year, giving it a market value of 1.2 billion ringgit.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News /Business/Business News Toll Duta-Ulu Klang Expressway Duke Kesturi Ekovest Lim Kang Hoo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 18:32:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 268 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23460293

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 34 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions