MAHB will issue rights for 274.8 million new shares. It hopes to complete the exercise by the first quarter of next year. CIMB and Maybank Investment Bank are advisors.
MAHB to launch rights issue for Turkish airport purchase
www.kinibiz.com
Malaysia Airport Holdings Bhd said it will launch a rights issue to fund its 285 million euro (RM1.2 billion) purchase of the remaining 40% in Istanbul Sabiha Gokcen airport it does not own.
