Malaysia Airlines (MAS) shareholders have accepted a government-buyout proposal, which is regarded as a significant milestone in the carrier’s ambitious reorganization program. At an extraordinary general meeting Nov. 6, shareholders voted to allow the Khazanah state fund to purchase all outstanding shares. Khazanah is already the majority owner of MAS and holds nearly a 70% stake in the carrier. However, the buyout proposal still requires approval from the High Court of Malaysia ...

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