India's GMR Airports, affiliates to buy 11% additional stake in Hyderabad airport
Wednesday, 25 October 2023 India's GMR Airports and its affiliates will buy an additional 11% stake in GMR Hyderabad International Airport from Malaysia Airports Holding Berhad's unit, the company said in a statement on Wednesday. GMR Aiports holds a 63% stake in GMR Hyderabad International Airport (GHIAL). The acquisition will raise its stake to 74%. Airports Authority of India and the government of Telangana state each holds 13% stake in GHIAL. GMR Airport entered into a share purchase agreement with Malaysia Airports Holding Berhad and its unit MAHB (Mauritius).
Cambodia Opens New , China-Funded Airport , to Boost Angkor Wat Tourism.
On October 16, Cambodia launched
commercial operations at the
country's newest and largest airport. .
'The Independent'..
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