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Boustead Holdings Denies Report On Sale Of BHPetrol

Reports have circled the internet about Boustead Holdings Bhd considering divesting its petrol stations in Malaysia, seeking as much as RM2 billion.

Bloomberg stated that the Kuala Lumpur-based conglomerate is working with an adviser to sell Boustead Petroleum Marketing Sdn., also known as BHPetrol. It is said that oil and gas companies as well as investment firms have shown interest in the deal, asking not to be identified as the process is private.

According to the report by Bloomberg, Boustead’s decision to pursue a sale may still change as discussions continue. Boustead is now delisting, thus the company is entirely focused on adhering to legal regulations and meeting its duties to stakeholders.

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You Can Soon Pay Toll Charges Using Debit Or Credit Cards!

Beginning September, 12 highways will employ the open payment system, which enables drivers to pay tolls with debit and credit cards.

The 12 highways are the Penang Bridge (JPP), New Pantai Motorway (NPE), Sungai Besi Motorway (Besraya), Guthrie Corridor Motorway (GCE), and Butterworth-Kulim Motorway (BKE), Kuala Lumpur-Putrajaya Motorway (MEX), Duta-Ulu Klang Motorway (DUKE), Shah Alam Motorway (Kesas), Western Kuala Lumpur Traffic Dispersal Scheme (SPRINT), Damansara-Puchong Motorway (LDP), and SMART Tunnel, according to Works Minister Datuk Seri Alexander Nanta Linggi.

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Puspakom Introduces Approved ‘Runners’ For Its Services

Puspakom is concerned about some runners who take advantage of drivers by demanding exorbitant costs and giving incorrect information.

Puspakom claimed that many of its clients who hired runners for car inspection-related issues at its branches experienced this. “The customer then files a complaint saying that Puspakom is not transparent. As a result, Puspakom has a bad image,” it said in a statement.

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Audi Malaysia Introduces Seven New Electric Models!

Seven fully electric Audi e-tron models were formally introduced to the Malaysian market today by PHS Automotive Malaysia (PHSAM), the importer and distributor of Volkswagen and Audi cars for Malaysia.

Erik Winter, Managing Director of PHSAM remarked that response for the Audi e-tron has been overwhelming from dealers and customers alike. “This is the largest product release for Audi in Malaysia, and we are elated to be the first country in the region to launch the Q8 e-tron. These top-of-range, high performance luxury vehicles have been highly anticipated, and are now set to captivate the hearts and imagination of Malaysians seeking a sustainable and environmentally friendly mobility option,” said Erik.

Audi RS e-tron GT and e-tron GT quattro

Advanced aerodynamics with active components, such as controlled inlets to cool the front brakes, air curtains to direct airflow around the vehicle for minimum drag-inducing turbulence, and thermal management with cooling air as necessary, are used while keeping the traditional design lines of GT cars. Depending on the driving conditions, the rear spoiler can be extended into two configurations for the best airflow.

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Malaysia Still Lacking EV Charging Stations

According to Chang Lih Kang, the Science, Technology and Innovation (MOSTI) minister, Malaysia still lacks the 10,000 EV charging stations that are intended to be installed by 2025, despite the fact that demand for such stations is only expected to increase. There are currently only about 1,000 EV charging stations in Malaysia.

“Our market and nation are still new to EVs. There aren’t enough charging stations, which means the EV ecosystem is still not complete. Manufacturers are reluctant to enter the market as a result,” he said, after witnessing the signing of a Memorandum of Understanding (MoU) between Alibaba Cloud and Agmo Holdings Bhd.

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SUKE Highway Phase 2 Opens June 16, Toll-Free Until June 29

The second phase of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) has now been formally opened by Datuk Seri Alexander Nanta Linggi, the minister of works. The only toll plaza in this 7.8 km length connecting Sri Petaling and Bukit Jalil to Phase 1’s Cheras-Kajang interchange is SUKE’s Alam Damai toll plaza, where the launch ceremony was held. Between now and June 29 at 11.59 p.m., this plaza will be toll-free.

Traffic on the SUKE’s first phase was allowed to begin in September 2022. From the iconic huge loop Cheras-Kajang interchange to Bukit Antarabangsa, the first phase comprised a 16.6-kilometre span.

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