QUOTE(cherroy @ Aug 10 2011, 04:39 PM)
The deal is not a merger.
Just share swap between Airasia & MAS shareholder only.
It doesn't affect business wise nor any dilution.
Just there is another deal that free warrant will be issued.
Nope, It got some implication:-
1) Tuna Air (Tony) hold 20.50% of Mas, therefore, Tony is one of the executive director of Mas, but he only got little influence to Mas direction. The power to run Mas is Khanazah. AAsia need to take Mas's profit/loss into its account(AAsia) (associate company). Therefore, to let AAsia to show good profit, the competition between Mas & AAsia will be minuize, this mean that the consumers will need to pay higher price for the air ticket fee in future.
2) Khanazah's hold AAsia 10%, this mean that Khanazah have some influence on AAsia direction, I mean political influence.
The consumers have to pay the price for this deal. How can enemy become partner...weird!
This post has been edited by firee818: Aug 10 2011, 06:08 PM