News


Letter Dated 31 January 2019 From Solicitors Of Airasia Berhad (AAB) And Airasia X Berhad (AAX)

BackJan 31, 2019
Type Announcement
Subject OTHERS
Description

LETTER DATED 31 JANUARY 2019 FROM SOLICITORS OF AIRASIA BERHAD (AAB) AND AIRASIA X BERHAD (AAX)

Malaysia Airports Holdings Berhad (“the Company”) wishes to announce that Malaysia Airports (Sepang) Sdn Bhd (“MA(S)SB”), a wholly owned subsidiary of the Company, has been served by the solicitors of AirAsia Berhad (“AAB”) and AirAsia X Berhad (“AAX”) with a copy of its letter dated 31 January 2019 (“the Letter”).

The Letter alleged, among others, AAX and AAB has suffered loss and damages amounting to RM479,781,285.00. The Letter further stated that notice therefore given to MA(S)SB that mediation shall be convened pursuant to Section 74 of the Malaysian Aviation Commission Act 2015.

The Company is seeking the necessary legal advice on the above subject matter.

Any further updates in respect of any material development will be made from time to time.

 

This announcement is dated 31 January 2019.




Announcement Info

Company Name MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name AIRPORT
Date Announced 31 Jan 2019
Category General Announcement for PLC
Reference Number GA1-31012019-00241