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    AIRPORT   MYL5014OO005

MALAYSIA AIRPORTS HOLDINGS BERHAD

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Malaysia Airports Berhad : Kuala Lumpur Airport disinfecting arriving baggage with automatic UV disinfection system

03/24/2021 | 12:02pm EST
Baggage Gatwick's new technology has a 99.9 per cent microbe disinfection rate

Kuala Lumpur International Airport (KUL) has started disinfecting arriving baggage with its new automatic ultraviolet (UV) disinfection system as part of its continuous efforts to curb the spread of COVID-19.

The new facility comprises UV bulbs installed in an enclosed tunnel within the baggage handling system (BHS) which disinfects baggage automatically as it passes through the conveyor system. Two out of four tunnels at the airport have been successfully installed, while the remaining tunnels are expected to be completed in April 2021.

The UV radiation system is the latest initiative in Kuala Lumpur Airport‘s ‘Airports 4.0’ initiative to ensure that airport safety remains at the highest level. By leveraging this new technology, passengers can now collect their fully sanitised baggage confidently and with peace of mind.

According to the Group Chief Executive Officer (GCEO) of Malaysia Airports, Dato' Mohd Shukrie Mohd Salleh: "We have been investing heavily into UV technology because the ultraviolet short wavelength has been proven to effectively eliminate surface contaminants, such as mould, bacteria and other microbial biofilms. In 2020, for our washrooms, we installed the UV Chamber (UVC), which produces UV light to interrupt the transmission of infectious airborne pathogens. We are continuing our efforts with these UV tunnels to further mitigate the risk from infectious airborne microbial contaminants not only for passengers, but also the ground staff handling the baggage.”

"As an airport operator, it is important for us to ensure that the overall passenger experience is dealt with care by considering the multiple touchpoints of the journey. With this new UV technology in place, passengers can be assured of their safety when collecting their clean and sanitised bags at the reclaim area. We are currently undergoing a major asset upgrading exercise for the BHS, and the UV disinfection tunnels are new permanent features of it," Dato' Mohd Shukrie added.

With the roll out of the COVID-19 National Immunisation Programme in February 2021, Malaysia Airports is looking forward to the gradual recovery of air travel by staying committed to ensuring a safe and smooth passenger journey and will continue to explore new technologies and the latest global practices to restore passenger confidence through a consistent set of hygiene and safety standards.

© Russell Publishing Limited, 2021. All Rights Reserved., source Trade Journals

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Financials
Sales 2021 1 760 M 416 M 416 M
Net income 2021 -891 M -211 M -211 M
Net Debt 2021 4 083 M 965 M 965 M
P/E ratio 2021 -10,9x
Yield 2021 0,01%
Capitalization 9 491 M 2 243 M 2 244 M
EV / Sales 2021 7,71x
EV / Sales 2022 3,72x
Nbr of Employees 9 693
Free-Float 76,7%
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 5,72 MYR
Average target price 6,67 MYR
Spread / Average Target 16,7%
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Managers and Directors
Mohammad Shukrie bin Mohammad Salleh Group Chief Executive Officer
Mohamed bin Rastam Shahrom Group Chief Financial Officer
Zambry Abd Kadir Non-Independent Non-Executive Chairman
Yiang Ming Lee Chief Information Officer
Nor Azlina Binti Mohammad Isa Head-Technical Services