Malaysia Airports raises $298.6m from placement

The funds raised from the share offering, which met with strong international and local investor demand, is to be used to purchase a 40% stake in Istanbul's second airport.
Kuala Lumpur International Airport
Kuala Lumpur International Airport

Malaysia Airports Holdings has raised $298.6 million in a block trade and will use the proceeds to acquire a 40% stake in Istanbul's second-biggest international airport.

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