Malaysia Airports Holdings Berhad

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by TA

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by CGSI

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research Report by Kenanga

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by TA

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by RHB

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by RHB

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by Kenanga

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) reported a 36.1 million passenger movements for the third quarter of 2024 (3Q24), marking a 10.6 per cent increase compared to 32.6 million passengers the same period last year.  

© New Straits Times Press (M) Bhd

The appointment of Datuk Mohd Izani Ghani as the new managing director of Malaysia Airports Holdings Berhad (MAHB) signals a new era of transformation.

KUALA LUMPUR: Malaysia Airports Holdings Bhd said its Educational Scholarship Programme (ESP) is a core part of its commitment to nurturing future leaders and innovators.

© New Straits Times Press (M) Bhd

KUALA LUMPUR: Global Infrastructure Partners is not expected to interfere with the daily operations of Malaysia Airports Holdings Bhd (MAHB) after acquiring a 30 per cent stake in it together with Abu Dhabi Investment Authority (ADIA), an analyst said.

© New Straits Times Press (M) Bhd

KUALA LUMPUR: Malaysia Airports Holdings Berhad (MAHB) and Beijing Daxing International Airport (BDIA) have signed a memorandum of understanding (MoU) to share knowledge in airport management, technology, and innovation.

© New Straits Times Press (M) Bhd

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by TA
Accept Offer – TP RM11.00

"It’s All About GO Now”

While the general offer is still ongoing, we keep our target price of RM11.00/share unchanged and advise the shareholders to accept the offer.

Analyst:
Tan Kam Meng,
kmtan@ta.com.my

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

$PESTECH / 5219 (PESTECH INTERNATIONAL BERHAD) $IJM / 3336 (IJM CORPORATION BERHAD) $AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

8 Stocks in the Logistics Sector!

The Logistics Sector, which includes land, sea, and air transportation, is crucial to the global supply chain and is often said to be the lifeblood of the economy. When logistics are disrupted, inflation tends to follow as importers and exporters tend to pass through the costs to their customers. Today, we've highlighted eight companies who are key players in the logistics sector. Interestingly, one is currently undergoing a privatization exercise highlighting corporate interest in this area.

Did any of these companies catch your interest? Let's discuss in the comment section below!

$MISC / 3816 (MISC BERHAD) $AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD) $TASCO / 5140 (TASCO BERHAD) $WPRTS / 5246 (WESTPORTS HOLDINGS BERHAD) $BIPORT / 5032 (BINTULU PORT HOLDINGS BERHAD)

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

$RHBBANK / 1066 (RHB BANK BERHAD)
$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
$UEMS / 5148 (UEM SUNRISE BERHAD)

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)
Research by Kenanga
ACCEPT OFFER – TP RM 11.00

" 1HCY24 Passengers Up 16% YoY "

AIRPORT’s 1HCY24 passenger throughput jumped 16% YoY, in line with our expectation. We expect the recovery of business and leisure air travel to continue throughout FY24. For AIRPORT, the poser is if the proposed privatisation by a consortium at RM11.00/share will be accepted by its minority shareholders. We keep our forecasts, TP of RM11.00 and ACCEPT OFFER call.

Analyst:
Raymond Choo Ping Khoon
pkchoo@kenanga.com.my

$KLSE-CAPITALA $AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

Aviation
Research by Kenanga
Neutral

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD) $AIRASIA / 5099 (AIRASIA GROUP BERHAD)

“Corporate Exercises Upstage Air Travel Recovery”

We maintain our NEUTRAL view on the sector. We project tourist arrivals of 27m in CY24, up 35% from 20m in CY23 and surpassing 26.1m in CY19 before the pandemic, backed by higher demand for both business and leisure air travel. The number is consistent with Tourism Malaysia’s target of 27.3m. This will translate to a sustained recovery in passenger throughput at AIRPORT and passengers carried at CAPITALA. For AIRPORT, the poser is if the proposed privatisation by a consortium at RM11.00/share will be accepted by its minority shareholders. Meanwhile, while CAPITALA has been able to fill up seats in its planes, there is room to boost yields to ensure profitability after accounting for depreciation, aircraft leasing charges and finance cost. We do not have any pick for the sector.

Analyst:
Raymond Choo Ping Khoon
pkchoo@kenanga.com.my

$AIRPORT / 5014 (MALAYSIA AIRPORTS HOLDINGS BERHAD)

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))