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MAHB Takeover Reaches 75.7%

Business Today ·  Jan 6 06:17

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%.

AmInvestment Bank Bhd said in a statement today that the total MAHB shares held by the joint offerors and the joint ultimate offerors as at 5pm on Jan 6, 2025, were at 70.08% (1.17 billion shares), with 5.65% (94.3 million shares) pending acceptance.

This brings the total shares acquired to 75.73% with a total of 1.26 billion shares.

The takeover offer for MAHB shares will remain at RM11 for the remaining shares and the duration has been extended to next Friday, Jan 17, 2025, from Jan 8, 2025, it said.

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