09.09.2014 - Close down MAS and overhaul Khazanah, says veteran newsman
A veteran journalist today suggested that Malaysia's sovereign fund Khazanah Nasional Bhd should be restructured while Malaysia Airlines (MAS) should be closed down. In his latest blog posting, Datuk A. Kadir Jasin questioned Khazanah's ability to manage Malaysia Airlines and revive the fortunes of the ailing national carrier. Kadir wrote that the recent proposed privatisation of Malaysia Airlines has resulted in Khazanah having to come up with RM6 billion. "Prior to this, Khazanah has sunk RM7 billion into Malaysia Airlines which came to naught as various restructurings failed to turn the company around."..............................................Full Article: Source
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