Malaysia Airports said on Tuesday that a takeover bid by the Gateway Development Alliance (GDA) consortium was now unconditional and had reached an acceptance level of 95.11 per cent.
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New Strait Times

Malaysia

GDA consortium's bid for Malaysia Airports becomes unconditional

Media Bias/Fact Check

Media Prima

The consortium has achieved a 94.47% acceptance level, surpassing the previously revised threshold of 85%.

Free Malaysia Today News

Kuala Lumpur

Wilayah Persekutuan Kuala Lumpur

GDA’s offer for MAHB succeeds

The offer is now unconditional and MAHB will be delisted

Mid Florida Newspapers

GDA Offer For MAHB Succeeds

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 January 2025 – Gateway Development Alliance Sdn Bhd (“GDA“) and its shareholders (collectively, the “Consortium“) announced that, as at 5:00 p.m. today, the Consortium is validly holding approximately 1,576 million shares representing 94.47% of the total number of issued shares in Malaysia Airports Holdings Berhad (“MAHB“). [...] Source from InfoStride News

The InfoStride

95% shareholder acceptance Operator valued at $4.2bn Hargreaves Lansdown bid progressing A $4.2 billion bid to buy out Malaysia Airports backed by the Abu Dhabi Investment Authority (Adia), the emirate’s biggest sovereign wealth fund, has moved a step closer. Shareholder acceptance of the bid is above 95 percent. The offer is by a consortium called the Gateway Development Alliance (GDA), which is led by Malaysia’s sovereign wealth fund, Khazanah…

AGBI

Adia-backed bidders close in on Malaysia Airports buy-out

KUALA LUMPUR, Jan 28 — Malaysia Airports Holdings Bhd (MAHB) will be delisted from the Bursa Malaysia main market as its minimum public shareholding spread is now less than 25 per cent. In a filing with Bursa Malaysia today, the airport operator said the shortfall in the public shareholding spread arose as a direct consequence of the offer, and the shortfall is set to further rise as a result of additional valid acceptances under the offer until…

GDA consortium's bid for Malaysia Airports becomes unconditional

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