COMMENT | Changes in the offer for Malaysia Airports Holdings Berhad (MAHB) indicate the rules and terms are being bent to near breaking point to enable the deal to go through, a situation which looks bad on regulators and may well endanger the integrity of the market.

It is astonishing that two public institutions, sovereign wealth fund Khazanah Nasional Berhad and retirement fund Employees Provident Fund (EPF), are allowing their name to be sullied through this offer which has raised questions over its desirability, methods and market confidence.

As the end nears for the offer by the Gateway Development Alliance led by Khazanah and EPF, a change in the game enables the deal to go through because of a...