News Formal

Sarawak to Finalize MASwings Acquisition by Next Month

  • 📰 staronline
  • ⏱ Reading Time:
  • 27 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 75%

Business Nouvelles

Maswings,Sarawak,Acquisition

Sarawak Premier, Tan Sri Abang Johari Openg, announced that the state government is set to finalize the acquisition of MASwings, a regional airline subsidiary of Malaysia Aviation Group, by next month. This move aims to promote Sarawak to both businesses and tourists by establishing a competitive aviation ecosystem within the state.

KUCHING: Sarawak is set to finalise the sale and purchase agreement for MASwings, a subsidiary regional airline of Malaysia Aviation Group (MAG), by next month, says Premier Tan Sri Abang Johari Openg. He said that the establishment of a Sarawak-owned airline is aimed at promoting the state to the business community as well as to tourists. With a well-developed airport, the entire ecosystem in Sarawak will be in place, allowing us to be competitive with other destinations.

This goal is set to be achieved by 2035 while we continue to make progress in other areas of development, he said when speaking at the Institution of Engineers, Malaysia (IEM) Sarawak annual dinner here on Sunday (Nov 24). Transport Minister Anthony Loke was reported to have said that negotiations between MASwings and the Sarawak government were ongoing for the acquisition. He also said negotiations regarding the purchase of shares in MASwings were also underway with MAG and Khazanah Nasional Bhd. – BernamaStarPick

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

S&P agreement of Sarawak's MASwings acquisition to be signed by Dec 31, says state ministerThe accolade recognises Malaysia’s exceptional tourism offerings and sustainable tourism practices.
La source: staronline - 🏆 4. / 75 Lire la suite »

RM300 million allocated for land acquisition in S’wak-Sabah link road projectKUCHING: A RM300 million allocation has been channelled to the Sarawak Land and Survey Department for land acquisition related to the Sarawak-Sabah Li...
La source: theSundaily - 🏆 25. / 51 Lire la suite »

Govt plans to amend Land Acquisition Act to protect national assets, public interestsKUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said the government plans to amend the Land Acquisition Act 1960 (Act 486) to ensure that nation...
La source: theSundaily - 🏆 25. / 51 Lire la suite »

Govt mulls amending land acquisition law after Duta Enclave rulingDespite unusual public protest, car showroom involved insist car was listed in a buyer beware category when it was bought.
La source: staronline - 🏆 4. / 75 Lire la suite »

Delay of RTB projects due to land acquisition problemHe said the issue of land acquisition has been resolved and the contract period of the project involved has been extended.
La source: theSundaily - 🏆 25. / 51 Lire la suite »