KUALA LUMPUR: Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have reduced the acceptance condition of its offer to 85 per cent of Malaysia Airports Holdings Bhd
’s (MAHB) total issued shares, enabling delisting of the airport operator.
The consortium said GDA expects to declare the offer unconditional and remains confident that total acceptances would exceed 90 per cent and that MAHB would be delisted from Bursa Malaysia following the acceptances totalling 86.5 per cent.
