AmInvestment: Khazanah plan for MAS fair, reasonable (Update 2)

KUALA LUMPUR: AmInvestment Bank Bhd, the independent adviser for Malaysia Airlines (MAS) minority shareholders, has described Khazanah Nasional’s rescue plan for the ailing carrier plan as “fair” and “reasonable”.

It said on Wednesday the selective capital reduction (SCR) was not detrimental to the ordinary shareholders of MAS other than Khazanah, which owns 69.37% stake.