Just who are the likely buyers? According to the Star:
"The identity of potential buyers are said to be Tan Sri Ahmad Johan of Nadi and Tan Sri Syed Azman Ibrahim of Weststar Group. Both have declined comment when contacted by StarBizWeek.
Weststar has the cash and Nadi, which owns Mofaz Air, has the expertise. Ahmad Johan also has a stake in Malindo Air and runs a MRO facility which he wants to build into a sizeable facility.
Syed Azman has RM6bil worth of contracts to provide helicopter services to the oil and gas sector and an expansion into passenger flight services is seen as an extension to what he has.
Dr M will push the mas to privatisation with his power of influence . That's why foreign counters start buying mas share today. And Big transaction is still coming out endlessly at this stage. Hold tight if you are looking for big profit. Target price 40 sen by today
Ho ho ho ...the power of Tun's showed by Mas's performance today, no doubt about that. His idea of privatisation since early 80's had proven to many of us. Of course anybody in power got enemies ( in the blanket and toto too ) wakakakaka...
are they willing to see the plane going to crash without thinking long term for MAS. Making more hutang will suffer MAS business. So selling MAS to private will making competes to other airline operators.
anyhow, this company stock price is undervalued. It's net tangible asset per share is 56 sen (as per end March), so that why people want to takeover when the price is cheap. Hold long term and buying more..
Yesterday.. Tun make announcement that MAS Should be privatized.. That's why MAS go Up..u don't need good company to show profit We only need rumors lor
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Drachen
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Posted by Drachen > 2013-08-19 10:22 | Report Abuse
Just who are the likely buyers? According to the Star:
"The identity of potential buyers are said to be Tan Sri Ahmad Johan of Nadi and Tan Sri Syed Azman Ibrahim of Weststar Group. Both have declined comment when contacted by StarBizWeek.
Weststar has the cash and Nadi, which owns Mofaz Air, has the expertise. Ahmad Johan also has a stake in Malindo Air and runs a MRO facility which he wants to build into a sizeable facility.
Syed Azman has RM6bil worth of contracts to provide helicopter services to the oil and gas sector and an expansion into passenger flight services is seen as an extension to what he has.
Syed Azman, known also as the “AP King” has the cash. US-based KKR is paying RM650mil for about a third of Weststar Aviation which is going for a listing next year. The listing should raise even more money for Syed Azman." http://www.thestar.com.my/Business/Business-News/2013/08/17/Making-profit-from-MAS.aspx