Sarawak: The Sarawak government’s acquisition of MASwings Sdn Bhd, a subsidiary of Malaysia Aviation Group, is set to be finalized with the signing of a sale and purchase agreement on Wednesday, February 12.
According to BERNAMA News Agency, State Minister of Tourism, Creative Industry, and Performing Arts Datuk Seri Abdul Karim Rahman Hamzah made the announcement during his speech at the Borneo Cross Border Cycling Tour 2025 dinner. The acquisition, initially slated for completion by December 31, 2024, faced delays due to a third-party audit commissioned to assess the company’s asset value.
Sarawak Premier Tan Sri Abang Johari Tun Openg, speaking at the Sarawak Multimedia Authority Chinese New Year celebration, chose not to provide additional details. “Wait for the 12th (of February). Be patient,” he told reporters when questioned about Abdul Karim’s statement.