COMMENT | MAHB deal: Merging control through public-private partnerships

COMMENT | Two events over the past month have raised more troubling questions about the proposed privatisation of Malaysia Airports Holdings Bhd (MAHB), a publicly listed GLC.

One event occurred abroad, at the G7 meeting in Italy, while the other was when Prime Minister Anwar Ibrahim responded to queries about the MAHB controversy.

MAHB’s major shareholders are three government-linked investment companies (GLICs) - Khazanah Nasional (33 percent stake), Employees Provident Fund (7.9 percent) and Kumpulan Wang Persaraan (Kwap) (4.9 percent).

If MAHB is privatised, Khazanah will....