PAC chairman Datuk Mas Ermieyati Samusidin says that the committee will table its findings on the issues at MAHB during the upcoming Dewan Rakyat sitting on June 22.
SEPANG (June 11): The Public Accounts Committee (PAC) will table its findings on Malaysia Airports Holdings Bhd (MAHB), including its privatisation and operational issues at Kuala Lumpur International Airport (KLIA), during the upcoming Dewan Rakyat sitting beginning June 22.
The bipartisan parliamentary committee is finalising its report after conducting 19 proceedings and a site visit to KLIA Terminal 1 on Thursday.
"We will table the report on this matter during the Dewan Rakyat sitting," PAC chairperson Datuk Mas Ermieyati Samsudin told reporters after the visit. She declined to provide further details.
The inquiry covers the management of public airports under the Ministry of Finance, Ministry of Transport and MAHB, with a focus on KLIA's operational performance, progress of transformation initiatives and delays to critical infrastructure projects, including the aerotrain service and baggage handling system upgrades.
The committee has also scrutinised a series of recent service disruptions at KLIA.
"The PAC views seriously the series of service disruptions that have occurred recently, which have affected service delivery and tarnished the country's image in the eyes of tourists and foreign investors," Mas Ermieyati said.
She added that the committee's site inspection was intended to obtain a clearer assessment of operational conditions and the corrective measures being implemented by MAHB.
The probe follows calls for parliamentary scrutiny of MAHB's privatisation, particularly the decision to bring in Abu Dhabi Investment Authority (ADIA) and New York-based Global Infrastructure Partners (GIP) as shareholders.
MAHB was taken private in February 2025 by a consortium comprising Khazanah Nasional Bhd, through its wholly owned UEM Group Bhd, the Employees Provident Fund (EPF), ADIA and GIP. The consortium acquired the airport operator for RM12.3 billion at RM11 per share.
The offer represented a 125% premium to MAHB's book value of RM4.89 per share and implied an equity valuation of RM18.4 billion.
Following the transaction, Khazanah became MAHB's largest shareholder with a 40% stake, followed by the EPF at 30%, GIP at 25% and ADIA at 5%. The Malaysian government retained a special share.
As part of its investigation, the PAC also recalled several witnesses, including former independent directors of MAHB.