GIP willing to relinquish stake in MAHB within a short period - Amir Hamzah


File pic — ART CHEN/The Star

KUALA LUMPUR: Global Infrastructure Partners (GIP) has expressed its willingness to be a minority shareholder in Malaysia Airports Holdings Bhd (MAHB) and to relinquish its shareholding within a short time frame, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

He said GIP was selected from among hundreds of companies based on stringent criteria, including agreeing to have Malaysian citizens as MAHB chairman and managing director.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia's private non-financial sector's credit growth moderated to 4.8% in September
US tariffs on China to have mixed impact on Asean economies - OCBC
Minox International proposes 1-for-2 bonus issue of warrants
UBS posts bigger-than-expected net profit in third quarter
China and Hong Kong stocks drop as US election risks loom
StanChart third-quarter profit more than doubles on strong wealth growth, raises guidance
Bursa Malaysia's net profit jumps 42% to RM85.74mil in 3Q as ADV climbs
FBM KLCI slides as US election jitters mount
Australian dollar stuck near three-month lows on mixed inflation data
Axis-REIT raises RM449.73mil from private placement

Others Also Read