Umno ministers have expressed objections to the planned Malaysia Airport Holdings Berhad (MAHB) takeover due to its connection with Blackrock, stated Foreign Minister Mohamad Hasan. He noted that the deal’s progress would not be decided collectively by the cabinet.
Umno objections
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“We Umno ministers believe the MAHB share sale should not proceed, but the transaction is already advanced,” he told Sinar Harian. The decision rests with Khazanah Nasional under the Finance Ministry, led by Prime Minister Anwar Ibrahim. Mohamad emphasized the need for a review, considering the deal’s potential impacts, without specifying when Umno ministers raised their concerns
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