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 |
PROPOSED DISPOSAL BY MAHB OF ITS ENTIRE 11% EQUITY |
The Board of Directors (“Board”) of MAHB wishes to announce that MAHB together with its wholly owned subsidiary, MAHB (Mauritius) Private Limited (“MAMPL”) (MAHB and MAMPL are hereinafter collectively referred to as “Sellers”), have on 2 February 2018 entered into a Share Purchase Agreement (“SPA”) with GMR Airports Limited (“GMR Airports” or the “Purchaser”) for the disposal of all of the 41,580,000 equity shares of Rs.10 each which represents 11% of the total issued and paid-up share capital of GHIAL to GMR Airports, for a cash consideration of USD76.05 million (approximately RM295.34 million) subject to the terms and conditions contained in the SPA (“Transaction”). |
Please refer attachment below.
Announcement Info
Company Name | MALAYSIA AIRPORTS HOLDINGS BERHAD |
Stock Name | AIRPORT |
Date Announced | 02 Feb 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-02022018-00092 |
Attachments
- Announcement_-_Attachment.pdf (Size: 649,062 bytes)