Quick take: MAHB slides to lowest since May 2019


Raja Azmi’s resignation as group CEO came a year after his appointment and marked the second change in MAHB’s management team since the appointment of chief finance officer (CFO) Mohamed Rastam Shahrom on Dec 31, who formerly served at UEM Sunrise Bhd.

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) saw its share price slump to a low of RM7.02, the lowest since May 2019, early Wednesday as investors were concerned about the abrupt departure of its group CEO Raja Azmi Raja Nazuddin.

At 10.10am, MAHB was down 18 sen to RM7.08. There were 863,900 shares done at prices ranging from RM7.02 to RM7.23.

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