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| No buying signals so far |
Apparently
there is early talks that Malaysia Airports Holdings Bhd (MAHB) is having talks
with YTL Corp to set up a consortium to
bid for the RM4.85 billion Standsted
Airport in UK.
Basing
on the same model it used in Delhi and Hyderabad in India , MAHB will work hand in hand
with YTL to develop the whole third hub as it manages the airport as the
operator.
YTL
has some RM 16 billion sitting nice and cushy and MAHB can definitely see the
benefit of a strategic alliance with YTL Corp.
While
a torrent of shares changed hands with a price uptick for MAHB, buying interest
in YTL Corp was missing despite this welcome news.
What
gives?
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