PETALING JAYA: Malaysia Airports Holdings Bhd
is disposing of its entire 11% stake in GMR Hyderabad International Airport Ltd (GHIAL) to India’s GMR Airports for US$76.05mil (RM295.34mil) cash.
MAHB and together with its wholly-owned subsidiary, MAHB (Mauritius) Private Ltd, had entered into a share purchase agreement with GMR Airports Ltd for the disposal of all of the 41.58 million equity shares (or 11%) of the total issued and paid-up share capital of GHIAL.
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