MAHB is “seriously” on the lookout to build and manage overseas airports in line with its aspiration to become a global leader in airport investment and management.
Currently, the overseas airports under MAHB’s investment portfolio are Rajiv Gandhi International Airport in Hyderabad, India; Indira Gandhi International Airport in New Delhi; Sabiha Gokcen International Airport in Istanbul, Turkey; and Malé International Airport (MIA) in the Maldives.
MAHB won a bid to build, operate and modernise the MIA in June 2011. The project also includes the expansion and maintenance works of the airport, based on a 25-year concession.
MAHB gained a foothold in China, following the signing of a memorandum of understanding with Nagamas Enterprise (HK) Ltd to set up a joint venture to explore the possibility of providing airport management services to Yongzhou Lingling Airport and other airports in China.
Nevertheless while MAHB positioned itself as the global player in airport investments, this would not compromise the development of its local airports.
FBM KLCI - ended at intraday low, in sync with regional downtrend
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Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI
closed at its intraday low, driven by a last-minute sell-off in utility
stocks...
16 hours ago
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