According to the report: “If the deal goes through, the consortium — dubbed as the Gateway Development Alliance Sdn Bhd — will own up to 67.1 per cent of MAHB’s shares, with Khazanah and EPF holding a 40 per cent and 30 per cent stake in the consortium respectively.”
Financial newspaper The Edge reported that GIP will effectively hold a 25 per cent stake in MAHB should the takeover take place, since it owns up to 80 per cent of the JV. Adia will only have a 5 per cent effective stake.Khazanah is the country’s sovereign wealth fund and owned by the Minister of Finance . — Picture by Firdaus Latifis the country’s sovereign wealth fund and owned by the Minister of Finance .
The company has also been targeted in the ongoing protests at US universities, where students are demanding their universities to divest from Israel — that is, withdraw funds their endowments have invested in companies that are linked to Israel.