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Business

Malaysia Airports expands foray in social media

Malaysia Airports Holdings Bhd’s commercial services arm is expanding its digital footprint via its Facebook (FB) page, Indulge at Malaysia Airports, as part of its commercial strategy to expand its retail outreach beyond the physical confines of its airports.

Business

Malaysia Airports joins RM4.9bil race for Stansted deal

LONDON: Malaysia Airports Holdings Bhd (MAHB) has entered the running for Stansted airport, as the owners of Londons third hub attempt to stoke up competition in the £1bil (RM4.92bil) bidding process.

Business

CIMB Research retains Add for Malaysia Airports, TP RM9.47

KUALA LUMPUR: CIMB Equities Research expects Malaysia Airports Holdings Bhd (MAHB) to deliver strong earnings growth in FY20F due to upcoming regulatory changes, such as the Regulatory Asset Base (RAB) framework.

Business

Malaysia Airports plans US$300m share sale to fund expansion

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is planning to sell new shares worth some US$300mil, or 10% of its existing share capital, to fund expansion, according to two bankers with direct knowledge of the matter.

Business

Malaysia Airports Q2 earnings up 1% to RM101.75m (Update)

Malaysia Airports Holdings Bhd's (MAHB) earnings rose 1.07% to RM101.75mil in the second quarter ended June 30, 2013 from RM100.67mil a year ago, aided by construction profit.

Business

Malaysia Airports expects 10% to 15% rise in sales at KLIA, LCCT

SEPANG: Malaysia Airports Holdings Bhd (MAHB) expects a 10% to 15% increase in total sales at the KLIA as well as low-cost carrier terminal (LCCT) and is investing RM8mil in its sales campaign.

Business

Malaysia Airports completes issuance of RM500m Sukuk

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has successfully completed the issuance of RM500mil Islamic debt notes in two tranches of three years and five years.

Business

Malaysia Airports fixes private placement shares at RM7.90 each

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is expected to raise RM979.99mil from the placement of 124.05 million new shares after fixing the share price at RM7.90 each.

Business

Badlisham retires as Malaysia Airports MD

KUALA LUMPUR: Datuk Mohd Badlisham Ghazali has retired as the managing director of Malaysia Airports Holdings Bhd (MAHB) while chief financial officer Raja Azmi Raja Nazuddin will be appointed acting group CEO.

Business

CIMB Research lowers Malaysia Airports TP to RM9.35

KUALA LUMPUR: CIMB Equities Research has lowered its target price for Malaysia Airports Holdings Bhd (MAHB) from RM9.80 to RM9.35.