MAS climbs on out-of-court settlement

Publish date: Mon, 25 Jun 2012, 10:23 AM
Malaysian Airline System Bhd, the national carrier, climbed 1.8 per cent to RM1.16, poised for its highest close since May 30.

The company reached an out-of-court settlement with former Executive Chairman Tajudin Ramli, according to a stock-exchange filing.

Both sides withdrew legal suits and all counter-claims related to losses at its cargo business in Germany. - Bloomberg

Labels: MAS

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zaby

tqvm datuk tajudin..

2012-06-25 12:37

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