Firefly, MAS, Khazanah, Finance Minister And Stuff
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Title : Firefly, MAS, Khazanah, Finance Minister And Stuff
Category : Malaysians
KL Oct 14 — Khazanah has option to channel funds to Firefly could become country’s national airline if MAS shut downhead of sovereign wealth fund quoted saying todaycomments by Shahril Ridza Ridzuan are fund’s 1st public statements since Khazanah warned that MAS could be wound up if lessors did not agree Firefly operates 12 twin turbopropsfully owned subsidiary of Malaysia Aviation Group (MAG)MAG letter to lessors Firefly “Plan B” scenarioKhazanah sole shareholder in MAGFinance Minister said last week govt will not provide financial support to MAS and that any aid was for Khazanah to address. — ReutersMy comments :I snipped the following from the Net which says Firefly is a subsidiary of MAS.
This other chart says they are all business 'portfolios' under MAG.
Well if they are subsidiaries they may be caught under cross-default clauses with lenders. If Firefly is a subsid…
This other chart says they are all business 'portfolios' under MAG.
Well if they are subsidiaries they may be caught under cross-default clauses with lenders. If Firefly is a subsid…
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