After MAHB slump, Loke told to put nation ahead of private interests

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Former deputy transport minister says Pakatan Harapan overlooked the fact that MAHB is a strategic government investment. FMTNews AzizKaprawi

Aziz Kaprawi, a former deputy transport minister says MAHB plays an important social function in ensuring connectivity through its network of 39 airports, the majority of which are unprofitable.

Loke has come under fire from blogger A Kadir Jasin for “talking down the market” and causing the MAHB share price to tumble after reportedly hinting of new private partners for the country’s biggest airport operator. Speaking to FMT, Aziz said Loke had to realise how his comments could affect companies as shown by a selldown of MAHB shares leading to a 66-sen drop in share price, wiping RM1.09 billion off its market capitalisation.

Aziz said that Loke, as transport minister, should understand that MAHB played an important social function in ensuring connectivity through its network of 39 airports, the majority of which were unprofitable.

 

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Malaysian airports r crap. Toilets r disgusting, outlets terrible. Poor design. Etc etc etc. Competition will HELP this company if they want to survive in the REAL WORLD. Or just admit “strategic govt investment” = charity

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