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
