Gateway Development Alliance secures 84.1pct of MAHB shares

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Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 percent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

The conditional voluntary take-over offer was made through GDA and the joint offerors are Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd (PPSB), Kwasa Aktif Sdn Bhd (KASB), and GIP Aurea Pte Ltd (GIP Aurea), the consortium said in a filing to Bursa Malaysia today.

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