The investment bank will be responsible for looking at options for the airline, including a potential stake sale.
'I’m looking at other options, frankly, because I don’t think the board is looking to do what’s right for Mattel shareholders, says Larian, CEO of MGA Entertainment Inc.
Despite the profit fall, M&S says its 'transformation plan' is on track and that the pace of change will accelerate in its new financial year.
The company has faced a series of setbacks including last week abandoning plans to sell its offshore services business.
The profit alert indicates that Cathay Pacific's move to add international routes and better service on board its flight have paid off.
Zukri Samat says Tabung Haji is currently undergoing a turnaround and, therefore, depositors should not raise their expectations too high.
Profitability improved at a quicker pace than analysts had estimated for the second consecutive quarter, as cost cuts boosted earnings and customers embraced new products.
Industry player says the national carrier may have trouble achieving its turnaround goals within the stipulated timeframe.
Analysts say the fourth quarter may contribute up to 50% of the airline’s annual profit due to high passenger traffic during the holidays and festive season.