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Airasia, Airasia
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cckkpr
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 Aug 10 2011, 04:57 PM
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I think TF is doing a bit of national service by "sitting" in the MAS Board (whether contributing or not) and getting the strings to create more wealth for Air Asia. The tie-ups in Japan and the booming economy in Indonesia will boost Air Asia revenue and profitability tremendously and with the gomen lobbying for more landing rights for them. Giving a small part to Khazanah is a small thing taking into consideration the expected and potential returns over the longer term.
Dont think that his interest in Air Asia is that low; you will never know their actual shareholding held under foreign nominees.
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cckkpr
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Aug 10 2011, 05:35 PM
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QUOTE(javelin819 @ Aug 10 2011, 05:25 PM) Well, Since AA is doing well , i believe they will stick to the orignal board members. Why fix something which is not broken. In other hand, It is a good thing that MAS had change their management team or else they are going nowhere. This will definitley bring up the confidence level of the investors. i believe this so called " partnership" might do well in long term for both companies. my 2 cents "Angered by the airline’s resistance to change and worried by the looming cost of fleet renewal, the government has given up, forcing MAS to accept a deal." The lazy, dreaming and lacking motivation ppl has to buck up and start working hard or else give them a hard kick to their arses. |
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cckkpr
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Aug 11 2011, 03:27 PM
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QUOTE(firee818 @ Aug 10 2011, 06:07 PM) 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! Tune Air holding MAS shares, not AA. So associate status does not apply to AA. |
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