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Sovereign Wealth Funds Briefing - Categorized | Market

Khazanah denies MAS-AAX merger

Posted on 25 July 2014

Speculation of Malaysian Airline System Bhd (MAS) being merged with a budget long haul carrier has been dismissed by Khazanah Nasional Bhd, which has a 69.4% stake in the ailing national carrier.
“Khazanah Nasional wishes to state that media reports of a possible merger between MAS and AirAsia X Bhd (AAX), are unfounded and speculative,” it said in a statement………………………………………..Full Article: Source


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