Airport takeover by private entity not uncommon
07 May 2021 / 07:35 H.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has stated that it is not uncommon for the market to submit proposals to the government on developing new airports or to take over an existing airport.
The airport operator said this in a statement today to clarify a circulating news report regarding the takeover of the Sultan Abdul Aziz Shah Airport (Subang airport) by a private business entity.
“This has occurred a number of times in the past and as part of the process, the government will seek our input on the matter.