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Malaysia Daily Bulletin – 24/12/09

21 hours ago ago from Shares Investment

MAS’ Massive Cash Call And Ambitious Fleet Expansion Plan Draws Concerns Malaysia Airline Systems (MAS) recent RM2.7b rights issue and fleet expansion plan has met with mixed reactions by analysts interviewed by the Business Times. Maybank Investment Bank said the rights offer will dilute MAS' earnings by 29% in 2011 and has cut its call from to . HwangDBS Vickers Research said however, the dilution for financial years 2010 and 2011 could ...

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