Consortium led by Khazanah, EPF announces takeover offer for MAHB at RM18.4b, to be de-listed by 4Q

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Consortium News

Led,By,Khazanah

KUALA LUMPUR, May 15 — Gateway Development Alliance and its shareholders have today announced a pre-conditional voluntary offer to acquire all the shares in Malaysia Airports...

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The Consortium is led by two Malaysian Government Linked Investment Companies – Khazanah Nasional Bhd via its wholly owned subsidiary UEM Group Bhd and the Employees Provident Fund . *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*The Malaysian government will retain special share rights in MAHB and the chairman and CEO will continue to be Malaysian citizens

*The Consortium confirms that there are no plans for layoffs as a result of the takeover and that existing employment rights will be fully safeguarded

Led By Khazanah EPF Announces Takeover Offer For MAHB At RM18.4B To Be De-Listed By 4Q

 

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