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Sovereign Wealth Funds Briefing - Categorized | Market

Update on MAS restructuring by Sunday, says Khazanah

Posted on 28 November 2014

Khazanah Nasional Bhd will provide updates on the the restructuring of ailing Malaysia Airlines System Bhd (MAS) before this weekend, says the majority shareholder. Managing director, Tan Sri Azman Mokhtar, said the announcement would be in line with the government’s investment arm’s initial plan which was to provide an update every three months.
“November 29 is exactly three months since we reveal restructuring plan” he said today. He said Khazanah’s response to Jentayu Danaraksa Sdn Bhd’s interest in buying parts of the national carrier’s assets would also be revealed in the update………………………………….Full Article: Source


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