Kuala Lumpur (AFP) – Malaysia Airlines said its shares will be suspended from the country’s stock exchange on December 15 under a government plan to rescue the beleaguered carrier after two devastating aviation tragedies this year.The national flag carrier, whose loss of both flight MH370 and MH17 compounded years of hefty financial bleeding, said the stock’s final day of trading would be December 12, followed three days later by the full suspension.The airline made the announcement in a filing with Kuala Lumpur’s stock exchange late on Thursday.State investment fund Khazanah Nasional, which owns around 70 percent of the carrier, plans …read more
Source: Business Insider