EARLIER this week, Malaysia Airports Holdings Bhd (MAHB) and the government inked new operating and lease agreements extending the airport operator’s concession to manage 39 airports in the country for another 45 years to Feb 11, 2069.
The new operating agreements (OAs) are a game changer for MAHB mainly because they allow the group to secure a guaranteed rate of return on its capital expenditure (capex).
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