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2024 - 6 - 21

BlackRock Drama: Malaysia Airports Privatisation and Political Warning

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Discover the latest on BlackRock's involvement in Malaysia Airports privatisation and the political warnings from the Prime Minister. Don't miss out!

The ongoing saga surrounding BlackRock and the privatisation of Malaysia Airports Holdings Bhd (MAHB) has captured the attention of many. Global Infrastructure Partners (GIP) and Malaysian sovereign wealth fund Khazanah Nasional are leading a consortium vying for control of MAHB, with BlackRock notably absent from the deal. Prime Minister Datuk Seri Anwar Ibrahim has cautioned against using the BlackRock issue for political gain, emphasizing the importance of ethical conduct. Despite reassurances from GIP that BlackRock is not involved in the MAHB transaction, concerns and debates regarding foreign involvement in Malaysian assets persist.

In a separate development, former BlackRock executive Paul Bodnar has called for unity in combating climate change. Bodnar stressed the need to shift the narrative away from demonizing the fossil fuel industry and instead focus on collaboration for sustainability. This plea comes amidst growing global awareness of the urgent need for climate action, highlighting the role of influential figures in advocating for environmental responsibility.

As the controversy unfolds, opposition to the MAHB privatisation from Umno ministers, citing concerns over Israeli links, adds another layer of complexity. The anti-Israel sentiment and the implications of foreign ownership on strategic Malaysian assets underscore the intricate web of political and economic interests at play. Prime Minister Anwar Ibrahim has reiterated the importance of not politicising the BlackRock issue, urging all parties to maintain a balanced and constructive dialogue.

In the midst of these developments, it's clear that the BlackRock controversy has sparked a multifaceted discussion on economic sovereignty, ethical business practices, climate activism, and political dynamics in Malaysia. The outcome of the MAHB privatisation bid and the ongoing scrutiny over foreign involvement in critical industries are set to shape the country's future economic landscape.

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Image courtesy of "The Star Online"

BlackRock will not take part in Malaysia Airports privatisation, GIP says (The Star Online)

GIP, Malaysian sovereign wealth fund Khazanah Nasional and others are part of a consortium that has offered to take over Malaysia Airport (MAHB) in a ...

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Image courtesy of "New Straits Times Online"

Don't use Blackrock issue to score political points: PM (New Straits Times Online)

PETALING JAYA: Do not exploit the Blackrock issue for political mileage warned Prime Minister Datuk Seri Anwar Ibrahim.

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Image courtesy of "Malay Mail"

Global Infrastructure Partners: BlackRock is not involved in MAHB ... (Malay Mail)

KUALA LUMPUR, June 21 — Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to ...

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Image courtesy of "Free Malaysia Today"

BlackRock not involved in MAHB deal, says GIP (Free Malaysia Today)

PETALING JAYA: New York City-based investment firm BlackRock is not involved in the move to privatise Malaysia Airports Holdings Bhd (MAHB), ...

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Image courtesy of "The Vibes"

BlackRock not involved in MAHB privatisation, says GIP (The Vibes)

Global Infrastructure Partners will retain full control of for company after acquisition by US investment giant, says officer.

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Image courtesy of "Livemint"

Ex-BlackRock Executive Seeks Unity to Fight Climate Change ... (Livemint)

Paul Bodnar, BlackRock Inc.'s former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances ...

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Image courtesy of "MalaysiaNow"

Something fishy when govt allows 'pro-Israeli' firm into money ... (MalaysiaNow)

The former prime minister says it makes no sense for Malaysia Airports to sell its shares to outsiders when it is making profits.

Umno ministers will oppose MAHB privatisation, says Khairy (The Malaysian Insight)

UMNO ministers in the unity government will never agree to allow Malaysia Airports Holdings Bhd (MAHB) to be privatised by a company linked to Israel, ...

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Image courtesy of "Malay Mail"

Don't politicise BlackRock issue, says PM Anwar (Malay Mail)

PETALING JAYA, June 21 — Prime Minister Datuk Seri Anwar Ibrahim has urged all parties, particularly the opposition, not to politicise BlackRock's purported ...

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Image courtesy of "New Straits Times Online"

GIP: Blackrock is not involved in privatisation of MAHB (New Straits Times Online)

Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to Malaysia Airports Holdings ...

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Image courtesy of "The Times of Israel"

Anti-Israel backlash keeps US conglomerate away from major ... (The Times of Israel)

Global Infrastructure Partners (GIP) has said its buyer, the US-based investment firm BlackRock, will not be involved in privatizing Malaysia's airport ...

Ex-BlackRock exec calls for unity to fight climate change (Creamer Media's Mining Weekly)

Paul Bodnar, BlackRock's former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances to be ...

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Image courtesy of "New Straits Times"

PM warns detractors not to politicise BlackRock issue (New Straits Times)

PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim today warned detractors not to exploit the BlackRock issue for political mileage.

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Image courtesy of "South China Morning Post"

BlackRock entity says US firm not part of Malaysia airport deal amid ... (South China Morning Post)

The plan to privatise Malaysia's airport operator has come under criticism over GIP's links to the investment giant's dealings with Israel.

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Image courtesy of "Indiana Capital Chronicle"

Indiana treasurer puts BlackRock on ESG watchlist • Indiana Capital ... (Indiana Capital Chronicle)

Treasurer Daniel Elliott accused BlackRock of making illegal environmental, social or governance (ESG) commitments.

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Image courtesy of "The Indianapolis Star"

State treasurer enforces controversial ESG law for the first time, puts ... (The Indianapolis Star)

BlackRock raised alarm bells for its commitment to environmentally and socially conscious investing, according to the treasurer's office.

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Image courtesy of "Indianapolis Business Journal"

State treasurer places BlackRock on ESG watchlist - Indianapolis ... (Indianapolis Business Journal)

Indiana passed a law in 2023 directing the Indiana Public Retirement System board to refrain from making investments aimed at environmental, social, ...

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Image courtesy of "Free Malaysia Today"

Dr M defends 2018 meet with fund managers that included BlackRock (Free Malaysia Today)

PETALING JAYA: Former prime minister Dr Mahathir Mohamad has defended his meeting with fund managers in the United Kingdom in 2018, which included US asset ...

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Image courtesy of "New Straits Times Online"

Exploiting Blackrock issue mere political tactics to create negative ... (New Straits Times Online)

NIBONG TEBAL: The exploitation by certain parties of BlackRock Inc.'s purported involvement in the restructuring of Malaysia Airport Holding Bhd (MAHB) are ...

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Image courtesy of "Malay Mail"

Fahmi: Exploiting BlackRock issue mere political tactics to create ... (Malay Mail)

NIBONG TEBAL, June 22 — The exploitation by certain parties of BlackRock Inc's purported involvement in the restructuring of Malaysia Airport Holding Bhd ...

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Image courtesy of "The Malaysian Reserve"

Don't politicise BlackRock issue, says PM... (The Malaysian Reserve)

Prime Minister Datuk Seri Anwar Ibrahim has urged all parties, particularly the opposition, not to politicise BlackRock's purported involvement in the ...

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Image courtesy of "The Malaysian Reserve"

GIP: BlackRock is not involved in MAHB... (The Malaysian Reserve)

Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to Malaysia Airports ...

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