Malaysian sovereign wealth fund Khazanah Nasional Bhd, the sole owner of Malaysia Airlines, is sceptical about a $2.5 billion proposal by privately held Golden Skies Ventures (GSV) to acquire the national carrier, the New Straits Times daily reported.
The newspaper quoted Managing Director Shahril Ridza Ridzuan as saying he was “cautious” about whether GSV had sufficient financial backing given the risk aversion that has hit the airline industry amid the coronavirus pandemic.
