MAHB exits Maldives airport project

Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has sold off its entire 23% stake in an airport in Maldives, including its receivables and loans, to joint venture partner GMR Holdings for RM28.5mil cash.

The deal marks MAHB exit from the controversial project.