MAHB offerors secure 92.82% acceptance, deadline extended to Feb 4


— MUHAMAD SHAHRIL ROSLI/The Star

KUALA LUMPUR: The takeover of the remaining shares by the joint offerors for Malaysia Airports Holdings Bhd’s (MAHB) shares on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and Gip Aurea Pte Ltd has reached 92.82 per cent, exceeding the 90 per cent threshold.

AmInvestment Bank said in a statement today that the total MAHB shares held by the joint offerors and the joint ultimate offerors total 1,548,840,432 or 92.82 per cent.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

TNB terminates renewable energy power purchase deal with Reneuco
Sunway to proceed with IJM takeover�
Fahmi: Malaysia's economy remains strong, continues to be the focus of foreign investors
Carimin acquires 19.5% stake in Sealink International for RM40mil
TNB terminates renewable energy PPA with Reneuco
Sunway to proceed with RM11bil takeover of IJM
KIP-REIT expects higher footfall across its malls
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds

Others Also Read