MAS delays Q2 earnings announcement to Aug 28

KUALA LUMPUR: Malaysian Airline System Bhd(MAS), the loss-making carrier reeling from two separate aircraft disasters this year, has postponed publication of second-quarter earnings from today until Aug 28, a company official said yesterday.
The official did not disclose a reason for the delay. MAS will confirm the new date for disclosure of what investors expect to be a large loss with a notice on its website by today, the official from the corporate communications team said.
MAS is set to be taken private by its majority shareholder, state investment fund Khazanah Nasional Bhd, as it readies a restructuring package. Khazanah owns over 69% of MAS.
The second-quarter earnings will likely be the carrier's last set of results as a listed company. The airline is instead expected to register its fourth consecutive year of annual losses this year. – Reuters