The restructuring of MAS has a new element forced into Khazanah. Jentayu has offered to complement Khazanah’s efforts to restructure the airline. — AFP
NO matter how much the Government tries to run its companies like listed companies, it cannot shake off the perception that some parts of them can be sold off to individuals or privately-held companies in times of distress.
The latest example is Malaysia Airlines (MAS). On Nov 7, shareholders gave the green light for its major shareholder Khazanah Nasional Bhd to take the company private at 27 sen per share. It received overwhelming response.
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