MAS shares trading to be suspended from Dec 15

KUALA LUMPUR: Shares of Malaysia Airlines (MAS) will be suspended from trading from Dec 15 to facilitate its selective capital reduction and repayment (SCR) exercise until its delisting, following a privatisation exercise by Khazanah Nasional Bhd.

“The trading of MAS shares will continue to be suspended until the completion of the SCR and the subsequent delisting of MAS from the official list of Bursa Securities,” MAS said in a filing with Bursa Malaysia yesterday.