10 Aug '11, 2pm

Where’s the beef for Malaysia Airlines?: The snakeyest deal ever: Malaysia Airlines-AirAsia 'share swap' deal Th...

Where’s the beef for Malaysia Airlines?: The snakeyest deal ever: Malaysia Airlines-AirAsia 'share swap' deal Th...

1. Where is the beef for Malaysia Airlines in this ‘share swap’ deal? Seriously, Fernandes and friends get to own 20.5% of Malaysia Airlines, two very strategic seats on the BOD as non-executive and non-independent directors, seats in the Exco which will decide on operations and all decisions involving money and almost help themselves to the entire Malaysia Airlines as they like. They already wanted to ‘kill’ the growingly popular Firefly, which is Malaysia Airlines’s direct threat to AirAsia. 2. If this is ‘share swap’ deal, why isn’t any of Malaysia Airlines BOD member(s) get to be on AirAsia BOD? This is something strange. If this is a true ‘share-swap’ deal, then who is representing Malaysia Airlines’s strategic interests in AirAsia. If there is none, how come? 3. How come Khazanah did not appoint anyone who have had relevant airline industry experience as non-executiv...

Full article: http://bigdogdotcom.wordpress.com/2011/08/10/wheres-the-b...

Tweets

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