Group profit before tax (PBT) for the year was 12.3 percent higher at MYR8
.87bn, compared with the MYR7.90bn in 2012.
MAS also said it will reduce the par value of its shares to 90 sen from 1 ringgit in order to build a credit reserve of MYR8
While DutaLand has met its debt maturity of MYR8
.9m under the RULS in April 2010, it is still exposed to risks related to its debt obligations due to its weak liquidity despite recent asset sales, MARC added.
The four deals, reach on Thursday (2 October), are said to be worth MYR8
In fiscal 2009, the group's strong revenue of MYR8
.61bn was driven by the non-voice segment, which outstripped the voice segment to emerge as TM's biggest revenue earner for the first time.
No indication about the price of the MAS shares has been revealed, but observers have suggested that it would be about MYR8
There have been reports that SAirGroup, the parent company of Swissair, is willing to pay more than MYR8
per share for a stake in Malaysian Airlines System Bhd (MAS).
Tajudin has not however disclosed what amount he is seeking for the stake, which he acquired in mid-1994 at MYR8