GDA says in full compliance with SC rules on MAHB takeover

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KUALA LUMPUR, Jan 22 — Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have refuted any sug...

The consortium has revised the closing date of the offer to Feb 4, 2025, and declared that its offer price of RM11.00 is final and will not be revised further.

The consortium said GDA expects to declare the offer unconditional and remains confident that total acceptances would exceed 90 per cent and that MAHB would be delisted from Bursa Malaysia following the acceptances totalling 86.5 per cent.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Gateway Development Alliance Sdn Bhd Takeover bid GDA Malaysia Airports Holdings Bhd MAHB

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 11:24:51 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 211 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 25334894

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About Malay Mail

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