SINGAPORE, Jan 8 — A consortium comprising Malaysia's sovereign wealth fund Khazanah Nasional Bhd and BlackRock's Global Infrastructure Partners that offered to take over Malaysia Airports Holdings Berhad (MAHB) said it had secured an 84.1 per cent stake in the company.
The consortium, which includes Malaysia's Employees Provident Fund and the Abu Dhabi Investment Authority, said it had reached the level today, moving it decisively towards the 90 per cent threshold to de-list MAHB.
A stock filing on Monday (January 6) showed the offer had been extended to next Friday (January 17) from today.
In May last year, the consortium announced an offer to acquire all shares in MAHB not already owned by it at RM11 per share, giving the airport operator an equity value of RM18.4 billion ringgit.
MAHB's shares have jumped 40.9 per cent over the past one year, LSEG data showed. It ended Wednesday 1.3 per cent higher at RM10.78.
— Reuters
