09 Aug '11, 7am

MAS-AirAsia merger: Remake of hijacking of Avenue Capital 2006: There are so many talks about national carrier M...

MAS-AirAsia merger: Remake of hijacking of Avenue Capital 2006: There are so many talks about national carrier M...

PETALING JAYA: National carrier Malaysia Airlines and low-cost carrierAirAsia Bhd ‘s major shareholders Khazanah Nasional Bhd and Tune Air Sdn Bhd will today announce a landmark share swap deal worth just over RM2bil which will turn the long-time bitter rivals into collaborating partners. According to sources, under the share swap deal, Khazanah will acquire a 10% stake in AirAsia from Tune Air, a private vehicle controlled by Tan Sri Tony Fernandes and Datuk Kamarudin Meranun . As at July 6, 2011, Tune Air owned a 26% stake in AirAsia. Sources also said Khazanah was in talks to acquire a 10% stake in long haul low cost carrier AirAsia X but this would be announced at a later date. As part of the agreement, a source said MAS would issue new shares to Tune Air which would end up with a 20% stake in the national carrier. Khazanah, which has a controlling stake of 69% in MAS,...

Full article: http://bigdogdotcom.wordpress.com/2011/08/09/mas-airasia-...

Tweets

MAS, Airasia and the Dealmaker Say goodbye to c...

sakmongkol.blogspot.com 12 Aug '11, 12am

“It’s a public asset not a private one”. That’s the bone of contention. Khazanah should have been much more forthcoming, a...

Some ISPs Are Hijacking Searches For Profit

seroundtable.com 08 Aug '11, 12pm

The New Scientist reports that several ISPs are allegedly hijacking searches conducted on search engines such as Yahoo and...

HSBC to sell US credit card business to Capital...

channelnewsasia.com 10 Aug '11, 5am

HONG KONG: HSBC announced Wednesday that it is to sell its United States credit card and retail services business to US le...

ISPs Caught Hijacking & Redirecting Search Results

searchengineland.com 08 Aug '11, 1pm

US internet providers hijacking users’ search queries from the New Scientist reports that several ISPs are allegedly hijac...

Budget airline AirAsia 'seeks control' of rival Malaysia Airlines (via ST iPhone App)

Budget airline AirAsia 'seeks control' of rival...

straitstimes.com 08 Aug '11, 8am

Fast-growing budget airline AirAsia is pushing for management control of loss-making rival Malaysia Airlines under a repor...

AirAsia X and liberalisation of the airline ind...

bigdogdotcom.wordpress.com 17 Aug '11, 6pm

Robert Milton, head of ACE Aviation Holdings Inc revealed his “minor” interest in the Asian Pacific holdings company, Aero...