Tag Archives: Khazanah

Khazanah Nasional Bhd is scheduled to disburse up to RM1.6 billion to Malaysia Airlines (MAS) as part of the second phase of conditional investment funding within the next three months. The conditions for the disbursement are the delivery of several key milestones, among others, a new company (NewCo …

Malaysia Airlines (MAS) and its owner Khazanah Nasional Bhd should not blame the airline's losses to MAS staff, the National Union of Flight Attendants Malaysia (Nufam) said: http://www.malaysiakini.com/news/284216 Instead, Khazanah must admit fault for the national carrier’s mismanagement, it …

Jentayu says sorry to Khazanah The little-known company made public its proposal tor rescue MAS, against decorum. Jentayu says sorry to Khazanah

Khazanah wanted to turn around MAS to profitability as well as enabling it to provide huge benefits in the nation’s tourism and trade sectors. Khazanah open to proposals for MAS restructuringwww.kinibiz.comKhazanah Nasional Bhd is open to receive proposals and ideas from various quarters for the res …

Khazanah should be transparent all the way in whatever they do as this is of national interest. Khazanah promises transparency, says watchdogwww.kinibiz.comGovernment investment arm, Khazanah Nasional Bhd, has promised to remain transparent on Malaysian Airline System Bhd's (MAS) restructuring …

KUALA LUMPUR, Nov 6 (Bernama) — Khazanah Nasional Bhd welcomes the shareholders’ approval of the proposed selective capital reduction and repayment exercise (Proposed SCR) of Malaysian Airline System Bhd (MAS) at the company’s Extraordinary General Meeting held today. In a statemen …

Gov’t might introduce quota-based petrol subsidy Khazanah Nasional Bhd says the MyKad would be used for identification. Gov’t might introduce quota-based petrol subsidy

It's not a bailout as Khazanah intends to recover every single sen, says Najib. PM: RM6bil for MAS not bailout

Tan Sri Azman MokhtarKUALA LUMPUR, Aug 29 (Bernama) — Khazanah Nasional Bhd has unveiled a RM6 billion recovery plan for Malaysia Airlines (MAS) which will see the ailing national carrier inject greater efficiency by cutting its staff size comprising almost 20,000 by 30 per cent and refocusing …

MAS-Air Asia X merger talk 'unfounded' Khazanah reminds all not to speculate on MAS' next course of action. MAS-Air Asia X merger talk 'unfounded'

A de-listing would pave the way for Khazanah to revive the ailing carrier, possibly by selling off its profitable engineering, airport services or budget airline units, trimming its bloated payroll and installing a new management team. Khazanah plans to take MAS private for restructuringwww.kinibiz. …