Finance minister confirms no plans for Khazanah to inject ailing Malaysia Airlines with RM5b Covid-19 aid | Malay Mail

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz a press conference following a visit to the Employees Provident Fund’s headquarters in Kuala Lumpur June 12, 2020. — Picture by Miera Zulyana

The finance minister who is also board member of Khazanah Nasional Berhad refuted news reports that had been circulating of such a cash injection. International business wire Bloomberg quoted anonymous sources yesterday as saying that Khazanah is mulling a plan to provide as much as RM5 billion to assist Malaysia Airlines due to the drop in bookings resulting from the Covid-19 pandemic.

Malaysia Airlines itself issued a statement yesterday and said it has not received any commitment by Khazanah to do so.

Just let it die. It will be fine. We will live. U see what happened during COVID-19. Like seasons.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bursa Malaysia offers disclosure guidance for listed companies affected by Covid-19 | Malay MailKUALA LUMPUR, June 11 — Local stock exchange operator Bursa Malaysia Securities Bhd has issued a disclosure guidance on Covid-19 related impacts and investments for listed companies, as part of its commitment to assist them during this challenging time. Bursa Malaysia said based on its...
Source: malaymail - 🏆 1. / 86 Read more »