KPS accepts ALR provide for Dash

PETALING JAYA: Kumpulan Perangsang Selangor Bhd‘s (KPS) 20% affiliate firm, System Penyuraian Trafik KL Barat Holdings Sdn Bhd (Dash Holdings), has accepted the conditional provide for the acquisition of your complete stake in System Penyuraian Trafik KL Barat Sdn Bhd (Dash).

KPS stated the written acceptance was delivered by Dash Holdings to Amanat Lebuhraya Rakyat Bhd (ALR) – the offeror – yesterday.

“Dash Holdings expects to begin negotiations with ALR to finalize the phrases and circumstances of the definitive settlement for the proposed disposal and execute it,” it stated in a Bursa Malaysia submitting. — Bernama


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