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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Khazanah MD brushes off suggestions for a privatised MAS

Posted on 18 January 2013

Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar has brushed off suggestions that flag carrier Malaysia Airlines should be taken private. “When you take something private, you have to pay above the market price. It does not put money into the company, that goes to the seller. But the operation needs money. Do those suggesting this realise this?
“Yes, we can take it private, but that doesn’t solve any problems. In fact you have to pump in more money because now you own 100%,” he told the media at the state investment firm’s annual review………………………………………..Full Article: Source


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