MAHB falls to low of RM6.05 on worries about delay in klia2


KUALA LUMPUR: Shares of Malaysia Airports Holdings Bhd (MAHB) fell as much as 36 sen or 5.6% to a low of RM6.05 on Wednesday on news that the contractors for the klia2 had difficulty meeting the June 28 deadline.

The fall in share price could be related to the profit taking on the broader market and blue chips after the surge over the past two days, where the FBM KLCI rallied 82 points or 4.8% gains over the past two days.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MAHB , Delay in Klia2

   

Next In Business News

Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Fajarbaru wins RM252mil contract from WCT
Axis-REIT disposes of property in Johor for RM162mil
Data centres make up the bulk of RM144.7bil in approved digital investments
Tengku Zafrul: 2,214 EV Charging stations installed, Miti maintains 10,000 target by 2025
FBM KLCI closes at highest in 2 years
Country Garden allowed to postpone first payments on three onshore bonds

Others Also Read