Observers say PM Anwar's meeting with Hamas leaders in Qatar amid US scrutiny of financial ties could provoke West to act against Malaysia
In a filing to Bursa Malaysia, the airports operator stated the request for suspension in the trading of all the company’s securities, effective from 9am to 5pm on Wednesday.For context, the privatisation of MAHB, one of the world’s largest airport operators, has recently resurfaced, with reports suggesting that MAHB could be privatised by its major owners before a stake sale to the private equity firm Global Infrastructure Partners .Khazanah Nasional Bhd and Employees Provident Fund hold 33.
The company’s request for trading suspension followed news of the appointment of Mohamed Rastam Shahrom as the next group chief executive officer , after seven months of serving as acting group CEO.Mohamed Rastam was appointed as MAHB’s acting group CEO on October 25 last year, after Datuk Seri Iskandar Mizal Mahmood stepped down from his role as managing director at the end of his two-year contract a day prior.
The Ministry of Transport commented on the issue, stating that the ministry has no objections if MMC Corp Bhd plans to divest its 49 per cent stake in MMC Ports Holdings Bhd, even to foreign entities.
Source: Digital Coin News (digitalcoinnews.net)
Bursa Malaysia Mahb Trading Suspended Khazanah Nasional EPF
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