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Deputy Finance Minister told Parliament: MAS-AirAsia share swap based on share price on 5-8-2011

October 4, 2011 by admin
YB Datuk Awang Adek with Datuk Tony (as he then was) during the "happy hours" in 2007.
Mr Dep Minister must be thinking about his not so clever answers now!

YB Datuk Awang Adek, the Deputy Finance Minister told Parliament during Questions Time that MAS – AirAsia share swap of 20.5% MAS share against 10% AirAsia Bhd was based on closing price of both share counters on 5-8-2011. The Deputy Minister also told Parliament that said share swap was all about “KERJASAMA”/Co-operations between the two airlines. But he could not elaborate what he meant by “Kerjasama”/co-operation. He also said the public will be told of the “Kerjasama” from time to time. Why from time to time? Why not do a tell-all now. Are there anything to hide, Mr Deputy Finance Minister?

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Categories wee choo keong Tags AirAsia Bhd, Aston Villa, Bina Fikir Sdn Bhd, Bursa KL, Deputy Finance Minister, En Mohammed Rashdan Yusof, MAS, PAC, parliament, Public Account Committee, QPR, Security Commission, Tan Sri Azman Mokhtar, YB Datuk Awang Adek 31 Comments
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