WCT: Subang Skypark’s proposal is re-concession, not acquire Subang Airport

WCT Holdings Bhd has clarified that its wholly-owned unit, Subang Skypark Sdn Bhd (SSSB), has proposed to re-concession and not to acquire the Sultan Abdul Aziz Shah Airport (formerly known as Subang Airport) as reported by several media organisations.

In a filing with Bursa Malaysia today, the company also said that it would operate the airport the same under a lease whereby the government would continue to own the land and Subang Airport.