The company claimed that PLUS has breached the obligations it owed to CIMB and CIMB SI 1 Sdn Bhd by commencing and launching its own PLUS radio frequency identification (RFID) system. “The company and CIMB SI 1 are, amongst others, seeking an injunction to restrain PLUS from engaging in further business of the PLUS RFID system together with damages, interests and costs,” it said. CIMB, CIMB SI 1 and PLUS are parties to a joint venture agreement dated May 12, 1998 in relation to Touch ‘N Go Sdn Bhd. Last month, PLUS managing director Datuk Azman Ismail said the company will introduce PLUS RFID open payment system at the Penang Bridge, Butterworth-Kulim Expressway and the Jitra toll plaza. He said the PLUS RFID project is aligned with the government’s innitiave to modernise the toll industry.

Source: The Star December 17, 2018 10:52 UTC