News


Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackJan 02, 2019
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

PROPOSED DISPOSAL BY MALAYSIA AIRPORTS HOLDINGS BERHAD (MAHB OR THE COMPANY) OF ITS ENTIRE 11% EQUITY INTEREST IN GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED (GHIAL) (PROPOSED DISPOSAL)

We refer to the announcements dated 2 February 2018 and 3 December 2018 in relation to the Proposed Disposal (“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meaning as those used in the Announcements.

The Board of Directors of MAHB wishes to announce that the SPA has been automatically terminated due to failure of the Purchaser to complete their obligation in accordance with the terms of the SPA by 31 December 2018. Therefore, MAHB and MAHB (Mauritius) Private Limited shall remain as shareholders of GHIAL accordingly.

 

This announcement is dated 2 January 2019.

 


Announcement Info

Company Name MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name AIRPORT
Date Announced 02 Jan 2019
Category General Announcement for PLC
Reference Number GA1-02012019-00005