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Sarawak govt inks MoU to kick-start MASwings acquisition talks

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Kuala Lumpur: The Sarawak government has inked a memorandum of understanding with Malaysia Aviation Group (MAG), the parent company of MASwings Sdn Bhd, to discuss the airline’s acquisition.

The MoU is also to establish clear parameters, define the scopes, set timelines, and facilitate a smooth process of the exercise, according to a statement by Sarawak transport minister Lee Kim Shin yesterday.Lee led a delegation from the state with the primary objective of briefing Khazanah Nasional Bhd on the proposed takeover of MASwings. The delegation’s trip was a follow-up to the meeting with transport minister Loke Siew Fook in Putrajaya last week.

Shell’s Access to Energy helps power lives of isolated communities in Sabah Kota Kinabalu: In 2017, Sabah Shell Petroleum Co Ltd launched Access to Energy , a Shell Social Investment programme aimed at providing affordable and continuous supply of electricity from renewable sources for communities who live without connection to the electricity grid. Read more The meeting also discussed air connectivity issues affecting Sarawak, especially direct international flights.

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Sarawak govt inks MoU to kick-start MASwings acquisition talksThe state has agreed in principle to take over the airline as proposed by the federal government instead of starting its own boutique airline.
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Sarawak govt inks MoU with Malaysia Aviation Group to kickstart MASWings acquisition talksKUALA LUMPUR, July 8 — The Sarawak state government has inked a memorandum of understanding (MoU) with Malaysia Aviation Group (MAG), the parent company of MASWings Sdn Bhd, to...
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