Malaysia Airports has come a long way since its establishment in 1992 when it was corporatised as Malaysia Airports Berhad from its previous standing as a state-owned airport operator. In 1999, Malaysia Airports Holdings Berhad was incorporated as a public limited company and listed on the Malaysian Stock Exchange (Bursa Malaysia), becoming the first Asian airport operator to go public and only the sixth in the world to do so.Today, Malaysia Airports is one of the largest airport operator groups in the world—in terms of number of passengers handled—managing 39 airports across Malaysia (with five international airports, 16 domestic and 18 STOLports) as well as one international airport in Turkey.