SOME of the companies that have tendered for a RM400 million aerotrain system at Kuala Lumpur International Airport (KLIA) are understood to be unhappy with the bidding process undertaken by Malaysia Airports Holdings Bhd (MAHB).
KUALA LUMPUR: Kenanga Research has downgraded Malaysia Airports Holdings Bhd (MAHB) on the back of an unexpected net loss in its first quarter results due to a worse-than-expected movement control order and the interstate travel ban.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) saw its net losses in the first quarter ended March 31,2021 widen sharply to RM221.29mil, as revenue was severely impacted by the prolonged movement control order (MCO) and interstate travel ban.
Malaysia Airports Holdings Bhd (MAHB) saw its net losses in the first quarter ended March 31,2021 (1QFY21) widen sharply to RM221.29mil as revenue was severely impacted by the prolonged MCO and interstate travel ban.
There is no necessity for airport operator Malaysia Airports Holdings Bhd (MAHB) to reopen its aerotrain tender as it will only create injustice to the existing bidders and a waste of time to prolong the process, a consultant said