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KUALA LUMPUR: Criticism and questions continue to dog Malaysia’s plan to privatise its national airport operator Malaysia Airports Holdings Bhd (MAHB), but analysts say there’s unlikely to be any U-turning on the move.
GIP, Malaysian sovereign wealth fund Khazanah Nasional and others are part of a consortium that has offered to take over Malaysia Airports Holdings Berhad (MAHB) in a privatisation deal that would value the airport operator at US$3.9 billion.
The S&P 500 rose to a fresh record as artificial intelligence darling Nvidia continued its march to new highs, topping Microsoft as the most valuable public company.
Watch Daily: Monday - Friday, 3 PM ET
A top Southwest Airlines shareholder on Wednesday signaled its support for Elliott Management's activist campaign to oust CEO Bob Jordan and Executive Chairman Gary Kelly, as the carrier struggles with underperformance compared with some of its rivals.
In the statement of claim, the plaintiffs alleged that eight entities that were registered offshore made 320 purchases of luxury goods with funds amounting to US$346,010,489 between 2010 and 2014.
Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at investment company BlackRock.
BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas.