Recently proposed acquisition of all domestic charges Avenue Asas Serba Sdn Bhd said it has several financial institutions to reveal to them the wishes of all fees and charges for the acquisition of the domestic part of the Avenue of the plan to provide financing.
According to "Malaysia Reserve" reported that, Asas Serba Chairman Datuk Syed Amin said they will market a variety of financing models to raise the remaining funds needed acquisitions.
He revealed: "In the Government's proposals have been submitted to the book, we have also included in the upcoming financing used to raise funds."
Is also the Kuala Lumpur Malay Chamber of Commerce of the race Amin pointed out that the company will ensure that the acquisition of the company's borrowing costs Avenue, low enough to allow the acquisition is completed, road charges will remain low.
In any case, he did not say, as at present, the company has several financial institutions with which to conduct negotiations for the financing of evolution.
Asas Serba issued a statement last week that the company has this year, May 5 to submit proposals to the Government to seek the full support of the Government's acquisition of all of our road the company's management and operating rights, including their debt and equity.
The company also plans to integrate and streamline all franchises Avenue, and later reduce the road toll by 20%, as well as the right to operate in the remaining period of the maintenance of rates.
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