Amanat Lebuhraya Rakyat Berhad
Company Overview
Amanat Lebuhraya Rakyat Berhad ("ALR") ALR is a private, special purpose, not-for-profit entity developed to hasten the shortening of the toll concessions and the return of the four highways to the Government of Malaysia. It was established under the Companies Act 2016 in late 2021.
On 13 October 2022, ALR successfully issued RM5.5 billion in nominal value AAA-rated Senior Sustainable and Responsible Investment Sukuk Murabahah ("Sustainability Sukuk Murabahah") and completed its acquisition of four highway toll concessionaires:
KESAS Sdn. Bhd. ("KESAS");
Lingkaran Trans Kota Sdn. Bhd. ("LITRAK");
Sistem Penyuraian Trafik KL Barat Sdn. Bhd. ("SPRINT");
Syarikat Mengurus Air Banjir & Terowong Sdn. Bhd.("SMART")
The concessionaires above are now wholly owned subsidiaries of ALR.
