Malaysia Airline News Update : Epic Research Singapore

Shares of Malaysia Airline System (MAS) rose as much as 10.4 per cent on Monday after state fund Khazanah Nasional said it will offer 27 sen for each share in the company it does not own, amounting to nearly 1.4 billion ringgit (US$435 million) to take the troubled airline private.


MAS shares were trading at 26 sen per share at 0101 GMT, 8.3 per cent higher than the 24 sen when the stock was suspended on Friday. Its shares topped the most active list on the Malaysian bourse on Monda.

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