Airline

MAS shares rise 10% on announcement of Khazanah offer

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MAS shares rise 10% on announcement of Khazanah offer

Malaysia Airline System (MAS) shares rose as much as 10.4% on Monday after state fund Khazanah Nasional stated it will offer MYR0.27 per share for each share in MAS it does not already own, amounting to nearly MYR1.4 bn ($435 million), in order to fully privatize the airline as part of the governmen...

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