MAS privatisation will cost Khazanah RM1.18bil


KUALA LUMPUR: The possible privatisation of Malaysia Airlines would cost its principal shareholder, Khazanah Nasional Bhd, RM1.18bil, assuming a 10% premium on its current share price, said Maybank Investment Bank (Maybank IB). 

"Further assuming that the profitable businesses are spun-off and separately listed with Khazanah ceeding a 30% stake, Khazanah would get back RM1.25bil cash," the investment bank said in a note on Wednesday. 

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MAS , Maybank KE Research

   

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