A joint venture company established by LSH Best Builders Sdn Bhd and ⁠Service Master (M) Sdn Bhd will operate KL Tower via a 20-year concession, said Communications Minister Fahmi Fadzil.

He said the decision was made after the government and the Public Private Partnership Unit (Ukas) evaluated tenders and proposals following a request for proposal (RFP) to manage KL Tower.