BUSINESS

Mahb Shares Up In Early Session After Positive News On Istanbul Airport 

21/09/2023 11:10 AM

KUALA LUMPUR, Sept 21 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) rose 0.41 per cent this morning following Prime Minister Anwar Ibrahim's announcement that Turkish authorities are satisfied with the performance of the Malaysian airport operator.

At 10.38 am, the airport operator added five sen to RM7.33, with 412,800 shares traded. 

Turkish president Recep Tayyip Erdogan conveyed the agreement to Anwar at their bilateral meeting in New York yesterday to ensure that MAHB continues to operate the Istanbul Sabiha Gokchen International Airport (ISG).

Fully owned by MAHB, the airport is the sixth busiest gateway in Europe, with passenger numbers reaching 25 million in 2021, or 70 per cent of the pre-pandemic level.

-- BERNAMA


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