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`LSG Sky yet to make commitment', BUSINESS TIMES
Business Times (Malaysia), January, 2002 by Francis Fernandez
Business Times (Malaysia) 01-10-2002 LSG Sky Chefs has yet to make a firm commitment to acquire a stake in MAS Catering Sdn Bhd, a company executive says. LSG Sky, which is owned by Deutsche Lufthansa AG - Europe's second- largest airline company after British Airways, is also the world's leading airline catering company with a consolidated group revenue of 1.1 billion euros (1 euro = RM3.42).
On Tuesday, wire news agency AFX-Asia reported that "LSG Sky said that it will not take a 70 per cent stake in MAS Catering and is not even holding talks on taking a stake". The report had caused a stir because on the previous day, Malaysian Airline System Bhd (MAS) had informed the Kuala Lumpur Stock Exchange that it was talking to a consortium, whose lead...
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