Malaysia Airlines suspends the trading of its shares as it becomes an entirely-owned state airline

Malaysia Airlines (Kuala Lumpur) has suspended the trading of its shares. The beleaguered airline which is majority owned (70 percent) by the state investment fund Khazanah Nasional, is acquiring the remaining shares. The fund will delist the stock and take it private according to the Business Insider.

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Copyright Photo: John Adlard/AirlinersGallery.com. Airbus A330-323 9M-MTC (msn 1229) arrives in Sydney.

Malaysia Airlines aircraft slide show: