RM9bil fund raising to enable MAS to continue uninterrupted


PETALING JAYA: Malaysia Airlines (MAS) yesterday surprised the market place with a massive RM9bil fund raising proposal that involves the issuance of bonds and taking a loan.

In addition, there is a plan where the Government will set up a company that will pay for eight aircraft for RM5.3bil including the six A380 superjumbo which will then be leased back to MAS for its flight operations.

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