KUALA LUMPUR: Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd
(MAHB) shares from dissenting shareholders at RM11 per share.
AmInvestment Bank Bhd, on behalf of the joint offerors (GDA), told Bursa Malaysia today that the exercise is pursuance of the provision of Section 222 of the Capital Markets and Services Act (CMSA).
"Subject to the provisions of the CMSA, GDA shall be registered as the holder of all the remaining MAHB shares not already held by the joint offerors after the expiration of one month from the date of the compulsory acquisition notice.
"Or, if applicable, 14 days after the statement of the names and addresses of all other dissenting holders as shown in the register of members and/or record of depositors of MAHB, are posted to the dissenting holder upon his/her/its request, whichever is later," it said.
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