Acquisition of MASwings to be finalised soon - Abang Johari
The Sarawak government’s acquisition of MASwings Sdn Bhd (MASwings) is expected to be finalised soon, said Sarawak Premier Abang Johari Openg.
He said the acquisition is in the advanced negotiation stage.
"Sarawak needs control over its air services, not only to facilitate passenger transportation but more importantly, as...
The Sarawak government’s acquisition of MASwings Sdn Bhd (MASwings) is expected to be finalised soon, said Sarawak Premier Abang Johari Openg.
He said the acquisition is in the advanced negotiation stage.
"Sarawak needs control over its air services, not only to facilitate passenger transportation but more importantly, as an investment for economic growth," Abang Johari (above) explained.
He said this in his speech during the grand parade in conjunction with the 78th birthday celebration of the Sarawak Yang di-Pertua Negeri Wan Junaidi Tuanku Jaafar in Kuching today.
On Nov 23 last year, Sarawak Deputy Transport Minister Jerip Susil said the Sarawak state government was conducting due diligence on MASwings in preparation for the acquisition.

Jerip added that negotiations are also ongoing with Malaysia Aviation Group (MAG) and Khazanah Nasional Bhd to purchase shares in MASwings.
Abang Johari said a study is being conducted for the development of a new Kuching International Airport.
He said the new airport will be inspired by Doha International Airport in Qatar.
"The new airport will also be equipped with advanced facilities, in line with the goal of developing it as a regional aviation hub," he added.
- Bernama
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