Malaysia Airport is rumored to have been privatized by the majority shareholder and trading suspended

Malaysia Airport announced that it will suspend the transaction for one day. The source revealed that it was to announce important privatization news!

Malaysia Airport passed a statement this morning stating that trading on the Malaysian Stock Exchange will be suspended from 9 a.m. to 5 p.m. on Wednesday (15th) in line with the announcement of major corporate news.

Bloomberg reports that, according to people familiar with the matter, Treasury Holdings and the Provident Fund Authority are considering privatizing Malaysia Airport and collaborating with an advisor on a potential deal.

According to the data, Treasury Holdings currently holds about 33% of the shares in Malaysia Airport, while the Provident Fund Administration holds nearly 8% of the shares.

Treasury Holdings, the Provident Fund Authority, and airport representatives did not immediately respond to the news.

So far this year, Malaysia Airport's stock price has increased by 41%, with a market capitalization of RM17.4 billion.

According to the official website, the airport was established in 1991 and manages 39 airports in Southeast Asian countries and 1 international airport in Turkey.

I just don't know if I can unravel the mystery today and see what actually happened.