KUALA LUMPUR (Jan 17): The  Employees Provident Fund of Malaysia (EPF) — which owns a 49% stake in PLUS Malaysia Bhd — supports the Government's decision not to sell the highway concessionaire, saying the move would facilitate the proposed lowering of toll rates on all of its highways by 18%.

"We are happy that the matter has been definitively decided and a clear directive given by the Prime Minister on the future direction of PLUS," said EPF chief executive officer Tunku Alizakri Raja Muhammad Alias in a statement today.