Gamuda, which already owns 30% of Kesas, recently obtained the nod to acquire 20% each in the highway concessionaire from Amcorp Properties Bhd (Amprop) and Permodalan Nasional Bhd (PNB), thereby increasing its stake to 70%.
Gamuda has a 45% stake in Lingkaran Trans Kota Holdings Bhd, which owns and operates Lebuhraya Damansara–Puchong; a 52% stake in Sistem Penyuraian Trafik KL Barat Holdings Bhd, which has the SPRINT highway; and a 50% stake in Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd, which operates the SMART Tunnel.
Ekovest is the 70% owner of DUKE via Wira Kristal Sdn Bhd. The owners of Wira Kristal are Tan Sri Lim Kang Hoo and Datuk Haris Onn Hussein. Wira Kristal owns 70% of Nuzen Corp Sdn Bhd, which has a 34-year concession of Duke via its wholly-owned Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd.
Maju Expressway Sdn Bhd (MESB) is the concessionaire of the 26-km Maju Expressway which offers a direct link between Kuala Lumpur and Putrajaya and Cyberjaya. MEX started collecting tolling in 2008 and traffic volume has increased by a compounded annual growth rate (CAGR) of 20%, with average daily traffic at its two toll plazas reaching 100,000 vehicles in 2012. A new 1.7-km Seri Kembangan interchange along the highway is expected to boost MESB's earnings, via a new toll plaza scheduled to be completed by early 2015, and the extension of its concession by up to eight years.
UEM Group Bhd and the Employees Provident Fund had acquired PLUS Expressways for RM23bil in 2010.
Do you know until when is the end of concession period of all toll road in Malaysia? Go figure it out how much you gonna fork it out of your own wallet for the privilege of stuck in jam of certain tolled road.
