MAS AirAsia Story - Which company they were trying to save by this secret share swap: MAS or AirAsia?

MAS Unions to protest against the secret MAS AirAsia share swap deal

WEE CHOO KEONG

The modus operandi of the cannibalisation of MAS Catering Sdn Bhd was similar to this secret share swap.

 

(En Alias Aziz, President of MAS Employee Union (MASEU) said MAS Unions will protest against the secret share swap deal)

I call upon the PM, YAB Datuk Seri, to immediately step in to stop the said dirty secret share swap deal and remove the newly appointed directors of MAS who have no or very little experience in the aviation industry like Mohammed Rashdan Yusof of BinaFikir Sdn Bhd fame. By the way BinaFikir Sdn Bhd was responsible for WAU in 2003 and thereafter it was sold to Maybank Bhd for RM8 million in, of course, 2008, during Tun Abdullah’s Administration.

 

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