Malaysia Airlines asks shareholders to accept offer
Malaysia Airlines System BHD says small shareholders should accept a buyout offer from the carrier’s majority owner. |||
Kuala Lumpur – Malaysia Airlines System BHD, the carrier reeling from the crash of two planes this year, said small shareholders should accept a buyout offer from the carrier’s majority owner as it called the proposal fair.The airline’s directors recommended the plan after the audit committee found parent Khazanah Nasional BHD’s offer fair and reasonable, the Subang, Malaysia-based company said in a statement to the stock exchange today.In August, the sovereign wealth fund proposed 27 sen per share, …read more
Source: Independent Online
