Khazanah-led consortium lowers MAHB takeover condition to 85%


KUALA LUMPUR: The Gateway Development Alliance Sdn Bhd (GDA), a Khazanah Nasional-led consortium, has revised the terms of its takeover of Malaysia Airports Holdings Bhd (MAHB) by lowering its acceptance condition to at least 85% of the airport operator's total issued shares.

This could mean the consortium, which has secured 86.51% of the total issued shares in MAHB, has succeeded in its bid to privatise the company.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAHB , takeover , privatisation , Khazanah , EPF , airport , travel , tourism , airline

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read