The stock is currently trading at a discount to the broader market
Malaysia's sovereign wealth fund said its consortium partner, Global Infrastructure Partners (GIP), will not hire staff to directly manage Malaysia Airport Holdings Bhd after a deal is completed to take the country's airport operator private, state news agency Bernama reported. Khazanah Nasional Bhd Managing Director Amirul Feisal Wan Zahir also said there would be no layoffs of MAHB's current employees following completion of the deal. "GIP won't be directly appointing staff or secondees to manage MAHB," he was quoted as saying in an interview with Bernama on Sunday.
(Bloomberg) -- Emerging markets such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute.Most Read from BloombergMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAISevere Turbulence Leaves 12 Injured on Qatar Airways FlightXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpEgypt Soldier Killed In Clash With