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Sarawak’s MYAirline acquisition rumours get ‘LOL’ response | Scoop
MYAirline, based in Subang Jaya, Selangor, is said to be reorganising its top management due to financial difficulties while looking for a key investor or owner. – MYAirline Facebook pic, October 10, 2023
News

Sarawak’s MYAirline acquisition rumours get ‘LOL’ response

This comes after news report says state may acquire 65% stake in company

Borneo Post Online
Updated
2:47 PM MYT

 

KUCHING – Sources close to the Sarawak government have dismissed a rumour about the state potentially taking over MYAirline.

This came after Bebas News published a report yesterday titled Sarawak to take over MYAirline?

The report claimed that an unnamed son of Premier Tan Sri Abang Johari Tun Openg had attended the low-cost airline’s third public dialogue of the month yesterday morning.

It also claimed that the state is expected to own a 65% stake in the airline.

“Where did the rumour come from? I say this because there was no discussion on that,” said one source close to the state administration.

Another source simply responded with three “LOL” (laughing out loud) emojis, implying that the very idea of such a takeover was laughable.

The Borneo Post has also reached out to both the federal and state transport ministries for comments.

MYAirline, headquartered in Subang Jaya, Selangor, is said to be changing its top management personnel due to financial woes and is also looking for a key investor or owner.

The Sarawak government is currently working on a takeover of MASwings.

On September 6, Abang Johari stated that Sarawak would expand its operations to serve the BIMB-EAGA region once the airline acquisition was completed successfully.

Currently, MASwings only operates Rural Air Services in Sabah and Sarawak. – October 10, 2023

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