[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…

[Malaysia] Malaysia upgrading airports to cope with growing passenger numbers

MALAYSIA airports are replacing manual body searches with X-ray machines and scanners. By 2020, visitors Kuala Lumpur International Airport (KLIA) and low-cost carrier terminal KLIA2 will not be subjected to physical searches by airport security officers. The scanners are one of the many improvements that Malaysia Airports Holdings Berhad (MAHB) have been working on to…

[Malaysia] Form a group of experts to review Malaysia Airlines’ operations, MAS ex-boss

KUALA LUMPUR: The government needs to set up a group of experts to review Malaysia Airlines Bhd’s (MAB) current operations as the RM6 billion restructuring plan is deemed a failure, ex-Chief Executive Officer/Managing Director of Malaysian Airline Systems Bhd (MAS) Tan Sri Dr Abdul Aziz Abdul Rahman said. MAB’s sole shareholder, Khazanah Nasional Bhd had…