Malaysia Airports in danger of KLCI exclusion

  • 📰 staronline
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 75%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is in danger of being dropped from the 30-stock FBM KLCI after the decline in share price and its market capitalisation falling to the 34th spot on Thursday.

is in danger of being dropped from the 30-stock FBM KLCI after the decline in share price and its market capitalisation falling to the 34th spot on Thursday.

The research house said the KLCI constituents are due for a review, using share prices as at market close on May 27.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The expected reduction in departure due to DAP’s exit tax. Uncertainties in airport management contract continuity and inability to collect outstanding debts due to DAP’s new pro-AA policy. Without full govt support, MAHB’s future is bleak. Bad show for Khazanah.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBM KLCI higher at early sessionIn a research note, Maybank Investment Bank said bargain hunting would likely to continue, particularly in recently beaten down stocks.
Source: fmtoday - 🏆 5. / 72 Read more »

FBM KLCI marginally higher at mid-morning | Malay MailKUALA LUMPUR, April 16 — The FBM KLCI was marginally higher at mid-morning today on buying interest in heavyweights led by MISC and Petronas Chemicals.  However, the overall market was broadly lower on a lack of catalysts.  At 11.08am, the benchmark FTSE Bursa...
Source: malaymail - 🏆 1. / 86 Read more »

Officials downplay Central World fire threat, but shopper warns against underestimating dangerBANGKOK (ANN): Though the fire on Wednesday did not damage the structure of CentralWorld department store which will resume business today, questions still remain regarding the safety of customers.
Source: staronline - 🏆 4. / 75 Read more »