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Why was GIP chosen? Anwar responds to questions over MAHB deal

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Prime Minister Anwar Ibrahim said Global Infrastructure Partners (GIP) was selected in the MAHB deal after they agreed to continue appointing a Malaysian citizen as Malaysia Airport Holdings Berhad (MAHB) chairperson and CEO and to maintain the collective national majority ownership of shares.

Speaking in Parliament today, Anwar noted that besides GIP other bidders had disagred with the strict requirements set by Khazanah Nasional Bhd and the Employees Provident Fund, which included the collective ownership of MAHB to increase to 70 percent from the current 41 percent once the restructuring is completed.

He said according to Khazanah, 145 companies had initially applied to participate in the consortium to take over MAHB, but only five were deemed suitable.

Video source:
https://www.youtube.com/live/YO2CFNxIJOE
Category
TV Saluran - TV Channel
Tags
Kinitv, Malaysia, politics
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