Malaysia airports may be privatized before GIP stake sale: Edge

Malaysia Airports Bhd. could be privatized by its major shareholders before a stake sale to private equity firm Global Infrastructure Partners, according to a report in The Edge that cited unidentified sources. Sovereign wealth fund Khazanah Nasional Bhd. and its largest pension fund, Employees Provident Fund, will play a “key role” in the privatization exercise before a 30% stake is sold to GIP, the publication quoted the sources as saying. GIP could play a part in running the company after it buys the stake, according to the report.<br/>