“This is the liquidation of the old company i.e. MAS. MAB is a separate legal entity, ” an MAB spokesperson told Bernama when asked on the paper advertisement.As part of a recovery plan, on Sept 1,2015, MAB took over MAS as the national flag carrier.
MAB is owned entirely by the government, through sovereign wealth fund Khazanah Nasional Bhd, which is currently looking for a strategic partner for the airline.- Bernama
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