PM says govt still looking at solutions for MAS


Dr Mahathir said there is talk that some companies might take a stake in Malaysia Airlines, but noted that there are also some people who are very sentimental and want to see the company owned entirely by Malaysians. “But, there is no Malaysian investor strong enough to take it up, ” the prime minister explained. When asked what was the government’s deadline to decide on the fate of Mala

KUALA LUMPUR: The government is still looking at solutions for troubled Malaysia Airlines Bhd, which is majority-owned by Khazanah Nasional Bhd, Prime Minister Tun Dr Mahathir Mohamad said.

“It’s not easy... we have done a lot. The previous government gave them RM6bil and sacked 6,000 people, and in addition, reduced the number of flights.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Mahathir , Malaysia Airlines , MAS , sale , solutions , foreign , companies ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read