The takeover offer for Malaysia Airports Holdings Bhd (MAHB) shares by the joint offerors on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and Gip Aurea Pte Ltd has reached 92.82 percent, exceeding the 90 percent threshold required for delisting. The offer price remains at RM11 per share and the deadline has been extended to February 4, 2025.
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AmInvestment Bank said in a statement today that the total MAHB shares held by the joint offerors and the joint ultimate offerors total 1,548,840,432 or 92.82 per cent. — Picture by Shafwan ZaidonKUALA LUMPUR, Jan 24 — The takeover of the remaining shares by the joint offerors for Malaysia Airports Holdings Bhd’s shares on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and Gip Aurea Pte Ltd has reached 92.
The takeover offer for MAHB shares will remain at RM11 for the remaining shares, and the duration has been extended to Tuesday, February 4, 2025, from January 24, 2025, it said.
MAHB Takeover Delisting Gateway Development Alliance Malaysia Airports
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