Malaysia Airports Holding Berhad has terminated the share purchasing agreement it had signed with the GMR Group to sell its 11 per cent stake in GMR Hyderabad International Airport Ltd (GHIAL). The Indian infrastructure major did not fulfill the obligations as per the agreement before December 31, 2018.
Malaysia’s MAHB ends pact with GMR to sell stake in Hyderabad airport
Date posted: Monday 7 January 2019