Wednesday, 2 May 2012

MAS, AirAsia share trading to be halted from 9am today

KUALA LUMPUR (May 2): Trading in the securities of Malaysian Arline System Bhd and AIRASIA BHD [] will be halted from 9am on Wednesday at the request of the two airlines pending a material announcement.

Malaysia Airlines was expected to announce the cancellation of plans for a share swap with budget carrier AirAsia.

For more on this, read today’s edition of the Edge Financial Daily’s report on Boards of Khazanah and Tune Air today will make official their decision to abandon the RM1.1 billion share-swap deal involving MAS and AirAsia.

Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or for more details.
Related Posts Plugin for WordPress, Blogger...