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  • Reuters

    GIP will not directly manage Malaysia's airport operator, Khazanah chief says

    Malaysia's sovereign wealth fund said its consortium partner, Global Infrastructure Partners (GIP), will not hire staff to directly manage Malaysia Airport Holdings Bhd after a deal is completed to take the country's airport operator private, state news agency Bernama reported. Khazanah Nasional Bhd Managing Director Amirul Feisal Wan Zahir also said there would be no layoffs of MAHB's current employees following completion of the deal. "GIP won't be directly appointing staff or secondees to manage MAHB," he was quoted as saying in an interview with Bernama on Sunday.