KUALA LUMPUR: Zecon Bhd has has been notified by the Sarawak state government of the cessation of the toll collection and operation at the Tun Salahuddin Bridge Kuching at midnight, Dec 31, 2015.
Zecon said at the company’s request, the state government was in favour of acquiring the toll building and the land on which it was sited, which belonged to Zecon Toll Concessionaire Sdn Bhd (Concession Company).
In a filing to Bursa Malaysia today, it said details of the toll building and the land had been submitted to the Sarawak government for consideration.
It added that the concession company was expected to enter into a Deed of Variation of Concession Agreement with the Sarawak government to set out the mutual termination of the concession agreement dated July 17, 1998, sometime this month. – Bernama