KUALA LUMPUR: Gateway Development Alliance and its shareholders have today announced a pre-conditional voluntary offer to acquire all the shares in Ma...
: Gateway Development Alliance and its shareholders have today announced a pre-conditional voluntary offer to acquire all the shares in Malaysia Airports Holdings Bhd not already owned by the Consortium, at an offer price of RM11.00 per share.
The Consortium’s shareholders also comprise a wholly owned subsidiary of the Abu Dhabi Investment Authority and funds managed by Global Infrastructure Partners , one of the world’s premier infrastructure investors and an experienced airport owner and manager, MAHB said in a Bursa Malaysia filing today.*The offer price at RM11 per share implies an equity value of RM18.4 billion.
*Upon full completion of the offer, Khazanah will be increasing its ownership in MAHB from 33.2 per cent to 40 per cent and EPF from 7.9 per cent to 30 per cent.MAHB: Malaysia’s aviation soars with 9.1% surge in number of operating airlines*The Malaysian government will retain special share rights in MAHB and the chairman and CEO will continue to be Malaysian citizens.
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