Section Heading
Section Heading
Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MALAYSIA AIRPORTS HOLDINGS BERHAD (MAHB OR THE COMPANY) - PROPOSED DISPOSAL OF ENTIRE 11% EQUITY INTEREST IN GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED (GHIAL) (PROPOSED DISPOSAL) |
The Board of Directors of MAHB wishes to announce that the Company, together with its wholly owned subsidiary, MAHB (Mauritius) Private Limited , have on 25 October 2023 entered into a Sale and Purchase Agreement (“SPA”) with GMR Airports Singapore Private Limited (“GASPL") for the disposal of the entire 41,580,000 equity shares of Rs.10 each, representing 11% of the issued and paid-up share capital of GMR Hyderabad International Airport Limited ("GHIAL") to GASPL, for a cash consideration of USD100 million (approximately RM478.85 million) subject to the terms and conditions of the SPA.
Please refer to attachment for further details of the announcement.
This announcement is dated 25 October 2023.
Please refer attachment below.
Announcement Info
| Company Name | MALAYSIA AIRPORTS HOLDINGS BERHAD |
| Stock Name | AIRPORT |
| Date Announced | 25 Oct 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18102023-00068 |
Attachments
- MAHB_-_Announcement_Disposal_GHIAL.pdf (Size: 172,195 bytes)