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KUALA LUMPUR (REUTERS): Khazanah Nasional Bhd said there was a "minor dilution" to its equity in the national carrier due to debt-for-equity conversions that some creditors took up, and that the fund remained the largest shareholder.
KUALA LUMPUR: Khazanah Nasional Bhd, which saw its profit from operations fall to RM2.9bil in 2020, declared a dividend of RM2bil for the Government.
UEM Sunrise Berhad continues to strengthen its portfolio and presence in greater Kuala Lumpur with its latest high-rise offering, KAIA Heights.
PETALING JAYA: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, will now be able to realise its restructuring plan for the national carrier, with the UK court approval for a scheme of arrangement with its creditors.
KUALA LUMPUR: Malaysia Aviation Group (MAG) has completed its recapitalisation following the go-ahead given to MAG’s leasing entity, MAB Leasing Ltd, and the majority of MAG’s aircraft operating lessors.