MAS shares sink to record low on rights plan

Al-Zaquan Amer HamzahPublished: Nov 28, 2012 2:51 AM | Updated: Nov 28, 2012 9:30 AM

Shares in Malaysian Airline System Bhd (MAS) tumbled more than 20 percent to an all-time low today as the national carrier’s RM3.1 billion (US$1 billion) rights issue plan triggered fears of share dilution and uncertainty over the move.

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