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MAS shareholders call for directors to step down

Published Wed, Jun 25, 2014 · 10:00 PM

THE management of Malaysia Airlines (MAS) yesterday spoke vaguely about a "hard reset" for the loss-making national carrier amid angry calls by shareholders for the board of directors to step down for failing to ensure the airline's operational sustainability.

Disgruntled shareholders vented their frustration and hostility at the annual general meeting (AGM) at the carrier's headquarters; proceedings which dragged on for five hours had left them none the wiser about the airline's salvage plans.

A shareholder who identified himself only as Chong said: "It's hopeless; they should all leave."

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