Malaysia firm to maintain Doha airport

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A newly formed joint venture between a Malaysian and a Qatari company will undertake facility maintenance work at the new Doha International Airport, according to a stock filing by Malaysia Airports Holdings Bhd, one of the joint venture partners.

The new company, incorporated in Doha, is called Malaysia Airports Consultancy Services Gulf LLC, or MACS Gulf LLC.

51 per cent of MACS are held by a Qatari partner, Hamad Abdullah Al Attiyah, and 49 per cent by Malaysia’s Malaysia Airports Consultancy Services Sdn Bhd (MACS), a subsidiary of Malaysia Airports Holdings Berhad.

Malaysia Airports Holdings Berhad is Malaysia’s largest airport company that manages most of the airports in the country, among them Kuala Lumpur International Airport.

According to the filing, the initial funding for the joint venture has been sourced from internally generated funds, while the working capital requirements of MACS Gulf LLC would be funded “through the initial share capital, shareholder’s loans and external finance facilities.”

The joint-venture will be looking for more opportunities in the region and beyond, using Doha as a hub.

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Reading Time: 1 minute

A newly formed joint venture between a Malaysian and a Qatari company will undertake facility maintenance work at the new Doha International Airport, according to a stock filing by Malaysia Airports Holdings Bhd, one of the joint venture partners.

Reading Time: 1 minute

A newly formed joint venture between a Malaysian and a Qatari company will undertake facility maintenance work at the new Doha International Airport, according to a stock filing by Malaysia Airports Holdings Bhd, one of the joint venture partners.

The new company, incorporated in Doha, is called Malaysia Airports Consultancy Services Gulf LLC, or MACS Gulf LLC.

51 per cent of MACS are held by a Qatari partner, Hamad Abdullah Al Attiyah, and 49 per cent by Malaysia’s Malaysia Airports Consultancy Services Sdn Bhd (MACS), a subsidiary of Malaysia Airports Holdings Berhad.

Malaysia Airports Holdings Berhad is Malaysia’s largest airport company that manages most of the airports in the country, among them Kuala Lumpur International Airport.

According to the filing, the initial funding for the joint venture has been sourced from internally generated funds, while the working capital requirements of MACS Gulf LLC would be funded “through the initial share capital, shareholder’s loans and external finance facilities.”

The joint-venture will be looking for more opportunities in the region and beyond, using Doha as a hub.

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