Aplomb and qualms in MAHB sale

MUCH has been said about the proposed privatisation of Malaysia Airports Holdings Bhd (MAHB) since Gateway Development Alliance Sdn Bhd (GDA) announced its offer to acquire the airport operator at RM11 per share last May.

GDA is a consortium led by Khazanah Nasional Bhd, the Employees Provident Fund (EPF), with foreign partners Abu Dhabi Investment Authority (Adia) and Global Infrastructure Partners (GIP) (collectively referred to as “joint-offerers”).