Malaysia Airports fixes private placement shares at RM7.90 each

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is expected to raise RM979.99mil from the placement of 124.05 million new shares after fixing the share price at RM7.90 each.

It said on Tuesday the issue price was a discount of about 4.3% to the five-day volume weighted average price of MAHB shares of RM8.2579 and a discount of 5.7% to the closing price of RM8.38 on Monday.