UEM acquires 1.5 mil MAHB shares at RM10.96 per share


KUALA LUMPUR: UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd (MAHB) at RM10.96 per share on Friday, Jan 24, 2025.

In a note today, AmInvestment Bank Bhd, on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and GIP Aurea Pte Ltd (joint offerors), said the transaction is part of the ongoing takeover process initiated by the joint offerors to acquire all remaining ordinary shares in MAHB that they have not already held.

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