MAHB says it has enough cash to sustain operations for next 15 months


KUALA LUMPUR, Sept 13 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is confident that it would be able to navigate shocks like COVID-19 with its strong cash flow.

Group chief executive officer Datuk Mohd Shukrie Mohd Salleh said the airport operator has managed to secure over RM1.35 billion worth of revolving credit facilities from five banks.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MAHB , Malaysia Airports

   

Next In Business News

Yinson nears deal with investors including Abu Dhabi for US$1bil funding
Xin Hwa subsidiary resumes operations after license suspension
Infomina wins RM13mil order from PCCW Group for tech support services
Ringgit ends easier vs US dollar
Hextar Healthcare disposes of industrial land for RM11.9mil
A1 A.K. Koh Group Bhd eyes ACE Market listing
Guan Chong acquires 25% stake in Ivory Coast firm for RM130mil
Sapura Energy secures second AIP from financiers for restructuring
Bursa Malaysia announces new renewable energy subsector classification
Bursa Malaysia sinks as over 900 stocks fall

Others Also Read