Khazanah seeks to de-list MAS


KUALA LUMPUR: Malaysia Airlines' (MAS) largest shareholder, Khazanah Nasional Bhd plans to de-list the ailing national carrier under its restructuring plan which will see it paying out a total of RM1.38bil.

It said on Friday it had submitted a request to MAS to undertake a selective capital reduction and repayment exercise (SCR) of 27 sen a share under the restructuring exercise, which would take six to 12 months to complete.

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