GDA gets 94.47% of MAHB shares in takeover offer


UEM said the last day that MAHB shares will trade publicly will be Feb 19, 2025.

PETALING JAYA: Gateway Development Alliance Sdn Bhd (GDA), the consortium of three entities offering to take Malaysia Airports Holdings Bhd (MAHB) private, has announced that it now holds approximately 1.58 billion shares representing 94.47% of the total number of issued shares in the airport operator.

With the acceptance condition satisfied, UEM Group Bhd, on behalf of GDA, said in a statement that the offer was now unconditional and the consortium had achieved the thresholds necessary to de-list and acquire 100% of MAHB shares.

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