The Star Online: Nation |
- MAS, Air Asia in share-swap deal
- Five drown in police raid on gambling den
- PAS to hear out Dr Hasan Ali on church raid on Sunday
MAS, Air Asia in share-swap deal Posted: 06 Aug 2011 06:37 AM PDT KUALA LUMPUR: Malaysia Airlines and AirAsia will swap shares in a deal which will see Tan Sri Tony Fernandes become the single biggest shareholder. Sources said the deal, struck last week after negotiations over the past year, became urgent after MAS' poor showing in the last two quarters. Fernandes is set to get 20% of MAS equity under the deal that is to be signed next week, with some sources saying it had already received the Government's approval and could be inked by Monday. Industry players expressed surprise at the deal because of past animosity between the management of the two airlines. Those who were aware of the negotiations were also surprised at the speed at which it was concluded. More in Sunday Star Full Feed Generated by Get Full RSS, sponsored by Used Car Search. |
Five drown in police raid on gambling den Posted: 06 Aug 2011 06:06 AM PDT SUNGAI PETANI: Five men drowned while trying to escape a police raid at a gambling den in Kampung Kuala Lengkuas, Bukit Selambau near here. The men, aged between 40 and 60, had jumped into a river after the police team from Bukit Aman raided the place at about 6pm on Friday. It is learnt that the river, about 0.6m deep, is located several metres from the area where a group of men had been playing "judi belangkas". The game requires players to place bets on a series of pictures, including prawns, horse shoe crab and flowers, before a dice is rolled. Kuala Muda OCPD Assistant Comm Hashim Ali said the bodies of two men, aged 48 and 60, were found floating in Sungai Muda Friday. Another body was recovered at 7.30pm while two more were found about 15 minutes later near the same location. More in Sunday Star. Full Feed Generated by Get Full RSS, sponsored by Used Car Search. |
PAS to hear out Dr Hasan Ali on church raid on Sunday Posted: 06 Aug 2011 05:24 AM PDT Published: Saturday August 6, 2011 MYT 8:18:00 PM |
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