What is the current MAHB share acquisition progress?

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MAHB Share Acquisition Reaches 86.18 Per Cent Amid Extended Offer Period

The takeover offer for Malaysia Airports Holdings Bhd (MAHB) shares has achieved a significant milestone, with acquisition levels reaching 86.18 per cent. This progress has prompted an extension of the offer period, allowing for further participation. The offer price for the MAHB shares remains consistent at RM11 per share.
Acquisition Threshold Achieved

As of 5:00 PM on January 15, 2025, the joint offerors and joint ultimate offerors collectively held 85.77 per cent of MAHB shares, representing 1,431,048,124 shares. This figure has since risen to a total of 1,437,965,399 shares acquired, achieving the 86.18 per cent acquisition progress. These entities include Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd, and Gip Aurea Pte Ltd.
Offer Price Remains Stable

Throughout the takeover process, the offer price for MAHB shares has been maintained at RM11 per share. This consistent valuation underpins the ongoing acquisition efforts by the joint offerors.
Extended Offer Deadline

In response to the ongoing acquisition progress, the duration of the takeover offer has been extended. The deadline has been moved from January 17, 2025, to Friday, January 24, 2025. This extension provides an additional week for shareholders to consider and accept the offer.

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What is the current MAHB share acquisition progress?

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