BlackRock not involved in MAHB deal, says GIP

Free Malaysia Today

Global Infrastructure Partners also says it may consider re-listing Malaysia Airports Holdings Bhd on Bursa Malaysia in the future.   Read More: https://www.freemalaysiatoday.com/category/nation/2024/06/21/blackrock-not-involved-in-mahb-deal-says-gip/  Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/06/21/blackrock-tidak-terbabit-urus-niaga-mahb-kata-gip/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #BlackRock #NotInvolved #MAHBDeal #GlobalInfrastructurePartners

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00:00BlackRock is not involved in the Malaysia Airports Holdings Berhad deal

00:08Global infrastructure partners made the assurance today, saying that the New York-based investment

00:12firm will not be involved in the privatization exercise despite agreeing to acquire GIP in

00:17January.

00:19Under the privatization deal, GIP is set to own 30% of MAHB with the Abu Dhabi Investment

00:25Authority, while Kazana Nasional Berhad and EPF will hold 70%.

00:30GIP said MAHB would benefit from the privatization exercise through higher investments and improved

00:36service levels, as well as strong growth in passenger traffic.

00:40The company said it might consider relisting MAHB on Bursa Malaysia in the future, but

00:45maintained that it was a long-term investor, typically investing in airports for at least

00:49more than 10 years.

00:51Putrajaya has faced calls to scrap the deal due to GIP's ties with BlackRock, particularly

00:56because of its stakes in U.S. defense firms that allegedly manufacture weapons used by

01:01Israel.

01:02Danish Harjreza, FMT News.

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