MAS shareholder Khazanah has not pledged funding, parent company says

Malaysia Airlines' parent company has not received any commitment from sole owner Khazanah Nasional Bhd for RM5 billion in financial aid, the airline said today.

Bloomberg earlier reported that Khazanah, the country's sovereign wealth fund, was considering providing as much as RM5 billion for the national carrier to resume operations halted due to the coronavirus pandemic.

The Bloomberg report said the cash infusion could happen in the coming weeks, if approved.

Malaysia Aviation Group said in an emailed statement it had not...