PETALING JAYA: A new corporate agreement (OA) for Malaysia`s air gateways is expected to be concluded this year, says Datuk Seri Dr Wee Ka Siong (photo). The government has also concluded four new operating agreements (AEOs) with the airport operator, which provide for conditions that open up the participation of the private sector in the country`s airport development activities. “This will increase funding for the development of the airport by using different financing methods to attract money market investors, subject to government approval whenever an investment expenditure is financed by the private sector,” he said. “The new open access framework is expected to enable the private sector to invest more in the country`s airport development activities and then contribute to Malaysia`s economic growth through the tourism industry and foreign investment. In accordance with this cabinet decision, the ministry is in the process of concluding all new agreements with MAHB and other government agencies,” MoT added. Malaysia Airports Holdings Bhd (December 10, RM8.06) Maintain with an unchanged arrival price (TP) of RM9: over time, the probability that the regulatory asset base (RAB) method will begin on January 1, 2020. Ideally, the aviation industry needs a period of one to two months to implement new fees. Malaysia Airports Holdings Bhd (MAHB) will continue its current corporate agreement with the government. We keep our RM9 earnings and TP guidance based on an estimated estimate of 8.6 times the value of the company for fiscal 2020 above earnings before interest, taxes, depreciation and amortization – a lower standard deviation than average based on the existing company agreement. Malaysia Airports Holdings Bhd`s (MAHB) corporate agreements (AOs) for the operation of its airports have been extended for a further period of 35 years, until 11 February 2069.

SEPANG – Malaysia Airports is encouraged by the confidence of the Malaysian government to extend until 11 February 2069 the duration of the operating agreements (AOs) for the airport operator for the operation, management and maintenance of airports in Malaysia. “The old agreements are being replaced by four new AEOs, namely KLIA, designated airports in peninsula Malaysia, Sabah airports and Sarawak airports. All these AEOs are concluded and signed between the government and WHO on the basis of the fundamental principles defined by the government. In accordance with this, a new lease [for the base countries of the airport] will be signed, common with the AEOs,” he added. The new AEOs will replace the old ones, signed on 12 February 2009. The agreements reached so far have concerned Kuala Lumpur International Airport (KLIA); Sabah and Sarawak airports; as well as for designated airports in the Peninsula of Malaysia….