Sources: MAS shares to be halted on Friday
Malaysia Airlines (MAS) plans to suspend its shares from trading on Friday, two sources familiar with the situation said, likely paving the way for state investor Khazanah Nasional to take the airline private as a first step in a major restructuring.
Trading in the company, whose official name is Malaysian Airline System, will be halted due to "a pending corporate announcement," according to the sources, who declined to elaborate.
For the rest of this story and more, subscribe for only RM150 a year. If you're already a subscriber, please sign in.
Sign in Subscribe now