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

Khazanah open to proposals for MAS restructuring

Posted on 11 November 2014

Khazanah Nasional Bhd is open to receive proposals and ideas from various quarters for the restructuring of Malaysian Airline System Bhd (MAS). Khazanah deputy chairman Tan Sri Nor Mohamed Yakcop said the company was prepared to listen and weigh the ideas or proposals so that the restructuring process could proceed smoothly and successfully to enable MAS to get back to become the national airline that is the pride of the rakyat.
Besides being a symbol of national pride, he said Khazanah also wanted to turn around MAS to profitability as well as enabling it to provide huge benefits in the nation’s tourism and trade sectors………………………………………..Full Article: Source


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