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Sarawak set to complete MASWings purchase by next month: premier | Scoop
Sarawak Premier Tan Sri Abang Johari Openg has said that the state’s acquisition of MASWings is set to finalise by next month. – Wikimedia Commons pic, November 25, 2024
News

Sarawak set to complete MASWings purchase by next month: premier

Tan Sri Abang Johari Openg says state-owned airline is aimed to promote state to businesses and tourists, allowing it to be competitive with other destinations

Bernama
Updated
10:27 AM MYT

 

KUCHING – Sarawak is set to finalise the sale and purchase agreement for MASwings, a subsidiary regional airline of Malaysia Aviation Group (MAG), by next month, said Premier Tan Sri Abang Johari Openg. 

He said that the establishment of a Sarawak-owned airline is aimed at promoting the state to the business community as well as to tourists. 

“With a well-developed airport, the entire ecosystem in Sarawak will be in place, allowing us to be competitive with other destinations. 

“This goal is set to be achieved by 2035 while we continue to make progress in other areas of development,” he said when speaking at the Institution of Engineers, Malaysia (IEM) Sarawak annual dinner here last night.

Transport Minister Anthony Loke was reported to have said that negotiations between MASwings and the Sarawak government were ongoing for the acquisition.  

He also said negotiations regarding the purchase of shares in MASwings were also underway with MAG and Khazanah Nasional Bhd. – November 25, 2024

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