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22-07-2014, 04:29 PM
(This post was last modified: 22-07-2014, 04:29 PM by CityFarmer.)
Does it serve as a good example for black swan events which can bring down a MYR 3.5 billion company over few months?
(not vested)
MAS likely to be delisted: Report
KUALA LUMPUR — Malaysia Airlines (MAS) faces the prospects of being delisted following the second tragedy to hit the national carrier in less than five months, reported Bloomberg today.
In March, flight MH370 disappeared with 239 people on board and on Thursday (July 17), flight MH17 was shot down in eastern Ukraine, killing all 298 passengers and crew. The two disasters were likely to end the flag carrier’s days as a publicly traded company, Bloomberg said.
MAS plans to present a revival plan to its biggest stakeholder Khazanah Nasional this week, sources told the financial portal yesterday. The options range from privatising the company to bankruptcy, both of which involve a delisting from Bursa Malaysia.
...
http://www.todayonline.com/world/asia/ma...ted-report
(not vested)
MAS likely to be delisted: Report
KUALA LUMPUR — Malaysia Airlines (MAS) faces the prospects of being delisted following the second tragedy to hit the national carrier in less than five months, reported Bloomberg today.
In March, flight MH370 disappeared with 239 people on board and on Thursday (July 17), flight MH17 was shot down in eastern Ukraine, killing all 298 passengers and crew. The two disasters were likely to end the flag carrier’s days as a publicly traded company, Bloomberg said.
MAS plans to present a revival plan to its biggest stakeholder Khazanah Nasional this week, sources told the financial portal yesterday. The options range from privatising the company to bankruptcy, both of which involve a delisting from Bursa Malaysia.
...
http://www.todayonline.com/world/asia/ma...ted-report
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