Malaysian Airline System Bhd. Chief Executive Officer Ahmad Jauhari Yahya was hired less than three years ago to steer the carrier into profitability. His mission has gotten harder as the national carrier hunts for a lost plane carrying 239 people.
Singapore state investment co. has approached SingTel to buy its stake in Thai telecoms co. Shin Corp., Reuters reports, citing unidentified people familiar with the matter. * Temasek owns 41.6% of Shin Corp. through a subsidiary, according to report * Temasek held talks with SingTel late last yr and discussions have since stalled, Reuters says * NOTE: Temasek is SingTel’s biggest shareholder with 51.9% stake, according to data compiled by Bloomberg
Mokhzani Mahathir, a son of former Malaysian Prime Minister Mahathir Mohamad, sold part of his stake in SapuraKencana Petroleum Bhd., the country’s biggest oil and gas services company, keeping his share above 10 percent.
One man was executed at a traffic light, another shot four times by motorcycle assassins and a third had explosives detonated in his Jaguar car in separate incidents around Malaysia, the Star newspaper reported today.