The final process of Sarawak's acquisition of MASwings Sdn Bhd (MASwings) is expected to be completed by the first quarter of 2025. The takeover, originally planned for completion this year, has been extended to allow appointed auditors to assess the value of MASwings' assets submitted by both Sarawak government and Malaysia Aviation Group (MAG). Sarawak Premier Tan Sri Abang Johari Tun Openg stated that the difference in valuations submitted by both parties necessitated a third-party audit to determine the final value. Once the audit is complete, the takeover process will be finalized in the first quarter of 2025.
: The final process of Sarawak ’s takeover of MASwings Sdn Bhd is expected to be finalised by the first quarter of 2025, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
“We have our own value and they have their own value, so we need to ask a third party to estimate the value of MASwings’s assets. Abang Johari told to reporters after the ground-breaking ceremony for the Che Hia Khor Moral Uplifting Society Kidney Foundation medical and commercial building project here, today.
Earlier, Abang Johari in his speech said that the Sarawak government has so far distributed 32 dialysis machines at several selected dialysis centres to help kidney patients in the state.
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