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Malaysian port operator to buy Senai Airport

31 March 2009

MMC Corporation is to pay RM1.7 billion ($466 million) for the AirAsia and Firefly hub after a fractious shareholder meeting.

Read more: MMC Senai Airport Malaysia

Malaysian investment holding company MMC Corporation is to buy Senai Airport Terminal Services, becoming sole owner of Senai International Airport. 97% of shareholders backed the RM1.7 billion ($466 million) purchase, despite objections from minority shareholders during a four hour extraordinary general meeting.

MMC...


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