KUALA LUMPUR, May 16 ― Malaysia Airports Holdings Bhd (MAHB) shares were in the red upon the resumption of its trade today. At 9am, the counter fell 30 sen to RM10.10 but...
Comms minister says Malaysia has no relations with Hamas’ military wing, slams Meta for removing news reports of PM Anwar’s meeting with Palestinian politiciansMAHB became the first Asian airport operator to go public and only the sixth in the world to do so in 1999. ― Picture by Hari AnggaraKUALA LUMPUR, May 16 ― Malaysia Airports Holdings Bhd shares were in the red upon the resumption of its trade today.
It later announced that a consortium, led by two government-linked Investment companies ― Khazanah Nasional Bhd via its wholly owned subsidiary UEM Group Bhd and the Employees Provident Fund , has made a takeover offer of RM18.4 billion.
MIDF Research said the consortium’s RM11.00 per share offer represents a 26 per cent premium compared to its discounted cash flow -derived fair value of RM8.75.
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