THE privatisation of Malaysia Airports Holdings Bhd
(MAHB) had seemed a foregone conclusion for many in corporate Malaysia ‑ until a gripping twist in the tale late last week.
Non-independent directors of the group called on shareholders to reject the share purchase offer by Gateway Development Alliance (GDA). It’s a suggestion that flies in the face of the recommendation by independent valuer Hong Leong Investment Bank Bhd (HLIB).
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