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MALAYSIA Airports Holdings Bhd (Code: 5014) looks to be making a year-end attempt to break out of the consolidation mode it has been trapped in since June 5.
PETALING JAYA: Airport operator Malaysia Airports Holdings Bhd (MAHB) has come out to say that there were no occasions in which flight operations had been disrupted due to rectification works at KLIA2 since the airport opened in May last year.
JAKARTA: Malaysian palm oil futures flirted with one-month lows on Tuesday, falling as much as 2 percent with sentiment hit by the collapse of Greek bailout talks.
Jakarta saw a net foreign outflow of $76.92 million, while Malaysia witnessed $53.45 million of net foreign selling, and Philippines saw $27.56 million outflow. Thailand saw a net selling of $14.80 million.
BANGKOK: Malaysian and Indonesian shares hit a near seven-month closing low on Monday. The rupiah extended slides after upbeat U.S. jobs data bolstered expectations of an interest rate hike, while Thai shares rebounded, helped by gains in select transport and construction shares.
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) is targeting a hefty increase in earnings for the current financial year ending Dec 31, underpinned by the consolidation of its airport in Turkey into the group.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday.
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB)’s acquisition of Istanbul Sabiha Gokcen International Airport (ISG) for RM1.18bil is credit negative, despite the rights issue financing, according to Moody’s Investors Service.
PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) results for its third quarter ended Sept 30 came in below analysts’ consensus, with some expecting a subdued fourth quarter ahead.
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) has exercised its right of first right refusal (ROFR) to acquire the 40% stake in Istanbul Sabiha Gokcen International Airport Investment Development and Operation Inc (ISG) as well as LGMHavalimani Isletmeleri Ticaret ve Turizm (LGM) from Turkish builder Limak Holdings AS (Limak) that it did not own.