In a filing with Bursa Malaysia, MAHB said it was informed of this by AmInvestment Bank today, adding that this surpasses the revised acceptance threshold of 85%.

“Accordingly, the acceptance condition of the offer has been fulfilled and the offer has become unconditional as to acceptances on Jan 28,” it said.

MAHB said however that the extended offer period will remain open until Feb 12.

It also said trading of MAHB securities will be suspended from Feb 20, five market days after the final extended closing date.

“As the joint offerors and joint ultimate offerors collectively hold more than 90% of MAHB’s shares, they do not intend to maintain MAHB’s listing status on the Main Market of Bursa Securities,” the company said.

Separately in a statement, GDA said it will shortly pay shareholders the offer price of RM11 in exchange for each share tendered into the offer.

“GDA will now take the necessary steps to de-list MAHB from the Official List of Bursa Malaysia.

“GDA will also take the necessary steps to compulsorily acquire all the remaining shares in MAHB that it does not own after the final close of the offer period, in accordance with Section 222 of the Capital Markets and Services Act 2007,” it said.