KUALA LUMPUR (Nov 12): Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) suggested the government consider increasing the free float of the Airport REIT (AREIT) to more than 30% of the proposed stake, in line with the Bursa Malaysia's priority to attract higher foreign participation in the local capital market.
Aviation sector Downgrade to neutral from overweight: The government intends to set up the world’s first Airport Real Estate Investment Trust (AREIT), enabling it to raise RM4 billion based on a 30% stake sale to private investing institutions.
KUALA LUMPUR (Sept 18): The need for more low-cost carrier terminals (LCCTs) (pictured) in the country, which has been the subject of much debate for several years, heated up after former Penang chief minister Lim Guan Eng was reported in the press last month as saying that the federal government was in talks with AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) to build an LCCT in Penang.
KUALA LUMPUR (June 11): Malaysia Airports Holdings Bhd (MAHB) managing director Datuk Badlisham Ghazali (pictured) said the new government led by Tun Dr Mahathir Mohamad "doesn't seem" to be opposing the Digital Free Trade Zone (DFTZ) within the KLIA Aeropolis.
KUALA LUMPUR (June 11): Could environmental concerns scupper Berjaya Corp Bhd founder and executive chairperson Vincent Tan’s (pictured) plans for a new airport in Tioman island? According to a report by news portal Malaysiakini, Malaysian Airport Holdings Bhd managing director Badlisham Ghazali said that there were environmental concerns as the new airport may entail lengthening the current, “abandoned airport runway into the ocean through land reclamation”.
Malaysia Airports Holdings Bhd (June 8, RM8.
PETALING JAYA (Feb 19): Property magnate Tan Sri Desmond Lim is allegedly planning to buy a 60% stake in Subang Skypark Sdn Bhd from Tan Sri Ravindran Menon and his partner Datuk Aisamar Kadil Mydin Syed Marikiah for an undisclosed sum, with intentions to redevelop the land surrounding Sultan Abdul Aziz Shah Airport in Subang, where the company has a long sub-lease concession agreement with Malaysia Airports Holdings Bhd (MAHB) to operate its city airport terminal and integrated commercial and business aviation hub, reported The Edge weekly.
KUALA LUMPUR (March 28): Malaysia Airports Holdings Bhd (MAHB) and DRB-Hicom Bhd are expected to be the key beneficiaries from the government's recently launched Digital Free Trade Zone (DFTZ), said CIMB Research.