News Formal

Nufam cautions against companies eyeing MAS but lack track record

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

It calls on the government to ensure a proper solution for the recovery of MAS.

The National Union of Flight Attendants Malaysia has cautioned the government against companies that are eyeing to takeover struggling national carrier Malaysia Airlines Berhad but lack a track record.

"They want to buy MAS but need to take out a RM1 billion loan from a Japanese bank. If they don't have the money then are they capable of taking over a government-linked company and reviving it? Najah Air Sdn Bhd is a newly-set up vehicle for a group of businesspersons led by Pahamin Abdul Rajab, AirAsia co-founder and former chairperson.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Property market eyes foreign buyersGEORGE TOWN: Zeon Properties aims to sell about RM18mil in properties during the four-day StarProperty.my Fair 2019 which ends today.
Source: staronline - 🏆 4. / 75 Read more »