[Singapore] New Seletar Airport passenger terminal opens doors to passengers

The new passenger terminal building at Seletar Airport. (Photo: Facebook/Khaw Boon Wan) SINGAPORE: The new passenger terminal building at Seletar Airport has commenced operations, Transport Minister Khaw Boon Wan said on Monday (Nov 19). The two-storey, 10,000 sq m terminal opened its doors to its first business passengers, with scheduled turboprop flights operating from December. Passengers will enjoy…

[Malaysia] Airport REIT likely to pay dividends about RM252 million annually: Maybank IB Research

KUALA LUMPUR: The government’s proposal to set up the world’s first airport real estate investment trust (REIT) is expected to be finalised between the second-quarter (Q2) and third-quarter (Q3) 2019. MayBank Iinvestment Bank Bhd aviation analyst Mohshin Aziz said the airport REIT was likely to be one year away from realisation. “Currently, very little information…