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MAHB dips 4.23% after Khazanah trims stake

Mimi Sabreena 3:52:00 PM Informasi

KUALA LUMPUR (Oct 4): Shares in Malaysia Airports Holdings Bhd (MAHB) fell as much as 4.23% or 36 sen today, after its largest shareholder, Khazanah Nasional Bhd, reportedly sold shares in the company at the bottom end of a marketed range.

Bloomberg reported earlier today that the sovereign wealth fund sold 58.07 million MAHB shares at RM8.20 apiece, representing a 3.8% discount to Tuesday's close of RM8.52.

The shares were offered at RM8.20 to RM8.52 apiece, Bloomberg reported, citing terms of the deal it obtained earlier.

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