Azmin: Khazanah, MAGB have shortlisted investors to be MAS' strategic partner

  • Nation
  • Tuesday, 22 Oct 2019

KUALA LUMPUR: Khazanah Nasional Bhd and Malaysian Aviation Group Bhd (MAGB) have shortlisted 20 potential investors to become strategic partners of Malaysia Airlines Bhd (MAS), says Datuk Seri Azmin Ali.

The Economic Affairs Minister said both Khazanah and MAGB have narrowed down the list to four strategic partners to be scrutinised and evaluated further, adding that emphasis will also be given to the financial management of the investors and their synergy with the operations of MAS.

"However, under the non-disclosure agreement the Government is unable to reveal further information on the strategic investment partners in this process," said Azmin in reply to Datuk Alexander Nanta Linggi (GPS-Kapit).

He had asked the minister to state if it's true that Japan is planning to take over MAS.

Azmin also said that he hoped that the decision on the strategic partner for MAS would be reached by early next year.

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