KUALA LUMPUR: Here is a recap of the headlines from Corporate Malaysia.
Malaysia Airports Holdings Bhd
has granted Segi Astana Sdn Bhd, which is 30% owned by MAHB and 70% held by WCT Holdings Bhd, a further 22-year concession extension till 2069 to operate gateway @ klia2. Segi Astana.
YTL Power International Bhd’s 70% subsidiary SIPP Power Sdn Bhd is buying 405.2mn shares, or a 31.4% stake, in Ranhill Utilities Bhd for RM405.2mn or 99.5sen/share from its major shareholder Tan Sri Hamdan Mohamad and his vehicles.
MPHB Capital Bhd’s controlling shareholder and chairman Tan Sri Surin Upatkoon plans to take the credit services provider private through a selective capital reduction totalling RM748.1mn.
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