Malaysia Airlines to be del-isted and privatised

Malaysia Airlines to be de-listed, taken private ahead of revamp.

Deeply troubled Malaysia Airlines will be de-listed and taken private ahead of a major restructuring following the twin disasters of MH370 and MH17, under a proposal announced Friday by its majority shareholder.

State investment vehicle Khazanah Nasional, which owns 70 percent of the carrier, said it would purchase all minority shares in the flag carrier and finalise a restructuring plan by the end of the month.