Poser over GDA-MAHB takeover extension

Quick Summary:

The timeline deferment of the takeover offer from Gateway Development Alliance (GDA) of Malaysia Airports Holdings Bhd (MAHB) has thrown up further permutations, although analysts are sticking to their recommendation that shareholders accept the deal on the table as it is.

The research house added that the offer price represents a substantial premium of 125% over the latest unaudited net asset per share of RM4.89 as at the end of the third quarter of 2024.

PETALING JAYA: The timeline deferment of the takeover offer from Gateway Development Alliance (GDA) of Malaysia Airports Holdings Bhd (MAHB) has thrown up further permutations, although analysts are sticking to their recommendation that shareholders accept the deal on the table as it is.

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Article Details

Author / Journalist: KEITH HIEW

Category: EconomyBusiness

Markets: Malaysia

Topics: MAHBTakeover AirportExpansion MarketLiquidity GDAOffer AviationGrowth ShareholderDecision PrivatisationDebate Corporate News /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 1025 words

Reading Time: 6 minutes read

Sentences: 24 lines

Sentence Length: 43 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 24965811

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