Malaysian sovereign wealth fund Khazanah Nasional Berhad, which owns 69.4% of Malaysia Airlines System (MAS), has tabled a plan to buy out the airline’s remaining shareholders at 27 sen ($0.08) per share to take total ownership. In a formal statement to the airline’s board, Khazanah made the offer as part of a “selective capital reduction and repayment exercise,” which would see the wealth fund as the sole owner. If the board and the remaining 30.6% of shareholders ...

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