Who are the major shareholders of PLUS Expressway?

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Khazanah Nasional Bhd and Employees Provident Fund are the Major Shareholders of PLUS Expressway

Khazanah Nasional Bhd, through its subsidiary UEM Group, collectively holds a 51 per cent stake in PLUS Expressway. The Employees Provident Fund (EPF) is the other major shareholder, possessing the remaining 49 per cent of the company. This ownership structure places the control of PLUS Expressway primarily with these two government-linked entities.
Khazanah Nasional Bhd's Significant Stake

Khazanah Nasional Bhd, the investment holding arm of the Malaysian government, plays a dominant role in PLUS Expressway. Together with UEM Group, another entity under its purview, Khazanah manages a majority interest of 51 per cent. This substantial holding underscores Khazanah's strategic involvement in the nation's infrastructure, particularly in tolled expressways.
Employees Provident Fund Holds Substantial Minority Stake

The Employees Provident Fund, a key retirement savings scheme for Malaysians, is the other principal shareholder in PLUS Expressway. The EPF's 49 per cent ownership represents a significant minority stake, indicating its substantial investment in the company. This involvement highlights the EPF's diversified investment portfolio, which includes critical infrastructure assets.
Management of Discussions Delegated to PLUS Expressway

While Khazanah and EPF are the major shareholders, the operational discussions regarding potential government acquisitions of tolled expressways are handled by PLUS Expressway itself. Khazanah's managing director, Datuk Shahril Ridza Ridzuan, indicated that PLUS is responsible for engaging with the relevant ministries and the government on such matters. Khazanah's role, from a shareholder perspective, is to provide advice and input to PLUS as discussions progress.

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Who are the major shareholders of PLUS Expressway?

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