Khazanah chief says MAHB buyout completion a ‘matter of time’


Datuk Amirul Feisal Wan Zahir during a Bloomberg Television interview in Davos, on Jan 20.- Photographer: Hollie Adams/Bloomberg

Malaysian sovereign fund Khazanah Nasional believes it’s a "matter of time” before the privatization of the country’s biggest airport operator Malaysia Airports Holdings Bhd. is completed after multiple delays, managing director Datuk Amirul Feisal Wan Zahir said.

Amirul said the deal - which values Malaysia Airports at 18.4 billion ringgit ($4.1 billion) and is scheduled to be concluded by its newest deadline of Feb. 4 - remains attractive for shareholders. The offer price of 11 ringgit is the highest since MAHB’s initial public offering.

"I don’t see a big issue (with the delays),” Amirul told Bloomberg TV in an interview with Haslinda Amin on the sidelines of the World Economic Forum in Davos on Monday. - Bloomberg

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