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.
