Ben Affleck’s called out paparazzi this weekend for acting dangerously outside of the home he shares with Jennifer Lopez, amid the A-listers’ reported marital tensions.
“This offer was opportunistic,” and there is a risk the stakeholders won’t get the 90% threshold needed to delist the company, Northcape's Cameron said. — Bloomberg“They might need to revise the offer,” said Ross Cameron, a portfolio manager at Northcape, which owns a 1.7% stake in the airport group.
A Khazanah Nasional Bhd-led consortium announced on May 15 an offer for the shares of MAHB it doesn’t already own, at RM11 a piece. The move comes as revised concession terms and extended operating agreements provide better earnings visibility for the airports operator. The fund is active in the aviation sector and owns stakes in Qantas Airways Ltd and an airport in Mexico, Cameron said. It used to hold shares in the now delisted Sydney Airport.
MAHB Delisting Lowballoffer Khazanah EPF Airports
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