Plan to take MAHB private

The airport operator said it had received a takeover offer from a group of investors through a consortium led by Khazanah and the EPF.

PETALING JAYA: A consortium led by Khazanah Nasional Bhd and the Employees Provident Fund (EPF) has proposed to privatise Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, in a deal valued at over RM12bil.

In a filing with Bursa Malaysia yesterday, the airport operator said it had received a takeover offer from a group of investors through a consortium led by Khazanah, via the latter’s wholly owned subsidiary UEM Group Bhd, and the EPF to purchase all the remaining 1.12 billion shares in MAHB representing 67.01% of the total issued MAHB shares.