KUALA LUMPUR: The possible privatisation of Malaysia Airlines would cost its principal shareholder, Khazanah Nasional Bhd, RM1.18bil, assuming a 10% premium on its current share price, said Maybank Investment Bank (Maybank IB).
"Further assuming that the profitable businesses are spun-off and separately listed with Khazanah ceeding a 30% stake, Khazanah would get back RM1.25bil cash," the investment bank said in a note on Wednesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
