Malaysia Airports Holdings Bhd. (MAHB) will be delisted from Bursa Malaysia Securities after Gateway Development Alliance Sdn. Bhd. (GDA) and its consortium acquired 98.68% of the company's shares. Under Section 222 of the Capital Markets and Services Act 2007, the consortium will be required to acquire the remaining shares from dissenting shareholders. Trading of MAHB shares will be suspended from February 20th, five days after the acquisition.
PETALING JAYA: Malaysia Airports Holdings Bhd. mengemukakan permohonan kepada Bursa Malaysia Securities untuk mengeluarkan status penyenaraiannya daripada senarai rasmi, selaras dengan Perenggan 16.07 Keperluan Penyenaraian.
Langkah itu susulan penerimaan tawaran oleh Gateway Development Alliance Sdn. Bhd. dan pemegang sahamnya , yang memperoleh sejumlah 1.646 bilion saham MAHB, bersamaan 98.68 peratus daripada jumlah saham terbitan syarikat itu setakat jam 5 petang, Rabu lalu. Menurut AmInvestment Bank dalam satu kenyataan, bagi pihak konsortium, peruntukan Seksyen 222 Akta Pasaran Modal dan Perkhidmatan 2007 akan digunakan bagi mewajibkan pemerolehan baki saham daripada pemegang yang tidak bersetuju.
“Di samping itu, tindakan yang perlu juga akan diambil bagi menyahsenarai MAHB daripada senarai rasmi. “Memandangkan konsortium tidak berhasrat mengekalkan status penyenaraian selepas menguasai lebih 90 peratus saham MAHB, Bursa Malaysia Securities akan menggantung dagangan saham syarikat itu mulai 20 Februari, iaitu lima hari pasaran selepas 12 Februari,” katanya. – UTUSAN
MAHB Delisting Acquisition Gateway Development Alliance Bursa Malaysia Securities
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia: Gateway to Southeast Asia MarketTengku Zafrul highlights Malaysia’s strategic role as the gateway to Southeast Asia’s thriving market.
Read more »
Tengku Zafrul: Malaysia is the gateway into SE Asia market, ideal hub for UK companiesKUALA LUMPUR, Jan 19 — Malaysia is the perfect gateway into Southeast Asia, especially with the participation of the United Kingdom (UK) in the Comprehensive and Progressive...
Read more »
GDA says in full compliance with SC rules on MAHB takeoverKUALA LUMPUR, Jan 22 — Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have refuted any suggestion that the offer for Malaysia Airports Holdings Bhd...
Read more »
Malaysia Airports Directors Not Terminated, Contradicts Parliamentarian's ClaimMalaysia Airports Holdings Bhd (MAHB) clarifies that its independent directors have not been terminated, contradicting a statement by Machang MP Wan Ahmad Fayhsal Wan Ahmad Kamal. MAHB explains that these directors are not appointed on contract but are appointed and continue to serve on the Board of Directors. Any changes in the composition of MAHB's Board of Directors will be announced to Bursa Malaysia, as the company is a public listed entity. Wan Ahmad Fayhsal recently claimed to have received information that the directors' contracts had been terminated by Khazanah Nasional Bhd, the country's sovereign wealth fund, allegedly due to their objections to a proposed MAHB restructuring agreement. This issue follows an independent advisor from Hong Leong Investment Bank (HLIB) suggesting that shareholders accept an offer by Gateway Development Alliance (GDA) at RM11.00 per share. However, directors Datuk Mohamad Husin, Ramanathan Sathiamutty, Cheryl Khor Hui Peng, Datuk Seri Koe Peng Kang, and Chris Chia Woon Liat, have voiced their dissatisfaction, deeming the offer unfair and unreasonable.
Read more »
Privatisation of Malaysia Airports: A Chance for RenewalThe author welcomes the impending privatisation of Malaysia Airports Holdings Berhad (MAHB), seeing it as an opportunity to address long-standing issues and improve the airport experience. The piece highlights the need for upgrades at KLIA, citing outdated infrastructure and operational inefficiencies, and contrasts it with the success of privately managed airports in other countries.
Read more »
Malaysia Airports Enhance Connectivity with 5G In-Building SolutionsMalaysia Airports Holdings Berhad (MAHB) has successfully implemented 5G In-Building Solutions (IBS) at its Kuala Lumpur International Airport (KLIA) and KLIA2 terminals. This milestone signifies a significant advancement in connectivity and the digital experience for travelers. The 5G IBS installation, completed within two months, was activated on Friday during a ceremony involving DNB, EDOTCO, and MAHB. This collaboration aims to provide faster, more reliable connectivity throughout the airport, enhancing both passenger and operational efficiency.
Read more »