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JULY 2023

Week 27

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Task force established to oversee Sarawak's acquisition of MASWings

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July 3rd 2023

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Malaysia’s government and the government of Sarawak will set up a designated body to manage the transfer of regional carrier, MASWings, to Sarawak government ownership, local media reports quoting Sarawak Minister for Transport, Datuk Seri Lee Kim Shin. Read More » A Memorandum of Understanding is being prepared to facilitate the takeover. In June, the Sarawak government reached an in-principle agreement with Malaysia Aviation Group (MAG) to acquire its 100% subsidiary, MASWings, an operator of a turboprop network in East Malaysia’s Sabah and Sarawak states.

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