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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

MAS-AirAsia tie-up necessary: Khazanah

Posted on 15 September 2011

Malaysia Airlines’ (MAS) largest shareholder Khazanah Nasional Bhd has defended the collaboration agreement between the national carrier and budget carrier AirAsia Bhd signed a month ago, calling the decision a “necessary” move.
Critics have raised concerns over the comprehensive collaboration framework between the airlines and the share-swap deal agreed by major shareholders of MAS and AirAsia, with some parties highlighting that the share-swap deal was not a solution to turn around loss-making MAS……………………………………….Full Article: Source


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