MAHB shares rally on Mavcom proposal

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) saw its shares gaining more than 7% or 58 sen to its highest point in six months at RM8.51 after a report said the Malaysian Aviation Commission (Mavcom) has proposed the introduction of a transfer passenger service charge (PSC).

“We gather that the transfer PSC is applicable to both domestic and international flights for transfer journeys, where a flight is scheduled to depart within 24 hours of arrival at the transfer airport,” a RHB Research report said.