MYAirline interim accountable executive director Datuk Seri Azharuddin Abdul Rahman says major shareholder Datuk Allan Goh Hwan Hua is willing to relinquish his entire shareholding in the carrier.
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00:00 Tertok Alan Goronaw is busy talking to our strategic partner for us to secure the required
00:06 funding.
00:07 So he is still the majority owner of this airline?
00:11 Correct. Currently he is still the majority owner.
00:15 Could you share who are the interested parties?
00:19 Unfortunately we cannot because we are still in the midst of negotiating with them. So
00:25 I cannot reveal the names of the investors.
00:31 So was it true that previously there was an interest from Sarawak, the Sarawak Premier
00:37 Sun?
00:39 I cannot reveal any of the names of the interested parties to take stake in my airline or to
00:51 whatever assistance they could give.
00:53 How much are they willing to divest and take?
00:57 How much is necessary? 100%.
00:58 100% also can?
00:59 Can.
01:00 Would you remain as a low cost carrier or you would relocate your business to the new
01:01 business?
01:02 Depends on the deal. Depends on the deal. Depends because if they take a majority stake
01:17 then they will propose what business model they are taking.
01:21 Is there a timeline where if you cannot find an investor, my airline may have to actually
01:32 really shut down?
01:34 We are not thinking about that. We are thinking that we are very positive and very optimistic
01:40 we will get back our licence.
01:41 [BLANK_AUDIO]