Khazanah may add more funds to keep MAS afloat
Published: Jul 21, 2015 10:39 AM | Updated: Jul 21, 2015 10:43 AM
Malaysian state investor Khazanah Nasional Bhd may pump in RM1-2 billion (US$263-US$526 million) to keep the new Malaysia Airlines Bhd afloat, the Business Times reported today, citing sources.
The injection of funds will come at the end of a three-year restructuring plan and is on top of the RM6 billion investment by Khazanah to revive the national carrier, the Business Times reported.
Khazanah’s official were not immediately available for comment when contacted by Reuters .
- Reuters
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