MYAirline negotiating with 15 potential investors


PETALING JAYA: MYAirline says it is now negotiating with 15 potential investors to resolve its financial problems, which includes securing capital to refund some RM22mil to customers for tickets they had purchased before its abrupt suspension on Oct 12.In a statement yesterday, MYAirline said it is currently at an advanced stage of negotiations with at least two of the potential investors.

“We have received over 15 proposals from potential investors, two of whom are at advanced stages of negotiations.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Wanted gang member arrested with cooperation from India, Thai cops
Johor polls: Umno postpones delegates' meetings to July
Applications for polytechnic Bachelor's Degree programmes open until July 3
Fuel prices June 4-10: Down for diesel, unsubsidised RON95, RON97
State secretary: DKU secretary appointed by Yang di-Pertuan Besar of Negri Sembilan
Kelantan seizes over 40 excavators in illegal gold mining crackdown, says Deputy MB
Man jailed 26 months for throwing stones at moving cars
Skills centre trainee drowns at Chemerong waterfall, Hulu Dungun
Malaysia's gas supply mostly locally sourced, sufficient for power generation
Free parking after 6pm in Kuala Terengganu from June 1

Others Also Read