STO to sell its shares in Addu International Airport

State Trading Organization (STO) on Monday decided to sell its shares in the Addu International Airport (AIA).

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Gan International Airport operated by Addu International Airport. PHOTO: MIHAARU FILES

Ahmed Aiham

2020-02-17 16:31:54

State Trading Organization (STO) on Monday decided to sell its shares in the Addu International Airport (AIA).

The state owns 50 percent of AIA, 30 percent with local tycoon Champa Hussain Afeef’s KASA Holdings, 10 percent with Maldives Airports Company Limited (MACL) and the remaining 10 percent owned by STO.

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