MAHB Takeover Reaches 75.73 Pct

Kuala Lumpur: The takeover of the remaining shares by joint offerers for Malaysia Airports Holdings Bhd (MAHB) shares on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd, and Gip Aurea Pte Ltd has reached 75.73 per cent.

According to BERNAMA News Agency, AmInvestment Bank stated that the total MAHB shares held by the joint offerors and the joint ultimate offerors as of 5pm on January 6, 2025, were at 70.08 per cent, which accounts for 1,169,277,833 shares. An additional 5.65 per cent, representing 94,297,176 shares, is pending acceptance.

This acquisition brings the total shares acquired to 75.73 per cent, amounting to a total of 1,263,575,009 shares. The takeover offer for MAHB shares will remain at RM11 for the remaining shares. The offer period has been extended to Friday, January 17, 2025, from the original date of January 8, 2025.