Malaysian-led consortium makes offer for MAHB at RM11.00 per share


The situation as usual in KLIA 1.— MUHAMAD SHAHRIL ROSLI/The Star

KUALA LUMPUR: Gateway Development Alliance Sdn Bhd and its shareholders (the Consortium) have proposed a conditional voluntary take-over offer for all shares in Malaysia Airports Holdings Bhd (MAHB) not already owned by the Consortium, at RM11 per share.

This follows the satisfaction of the pre-conditions related to approvals from the relevant authorities in Türkiye, Saudi Arabia, Egypt, and Malaysia, as outlined in the pre-conditional offer announcement dated 15 May 2024.

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