We refer to our Announcement dated 18 July 2019.

The Board of Directors of Malaysia Airports Holdings Berhad (“the Company”) wishes to announce that on 19 July 2019,  the Company’s solicitors were served with a Notice of Appeal by AirAsia Berhad and AirAsia X Berhad (collectively, “AirAsia”) against the decision of the Kuala Lumpur High Court to grant summary judgment in favour of Malaysia Airports (Sepang) Sdn Bhd (“MA Sepang”), a wholly owned subsidiary of the Company, in the three civil suits filed by MA Sepang against AirAsia. 

The Company highlights that, notwithstanding the appeal, AirAsia remains liable to make payment of the full summary judgment sum to MA Sepang. 

AirAsia will also be appealing the decision of the Kuala Lumpur High Court to dismiss the applications filed by AirAsia to strike out or stay the three civil suits filed by MA Sepang.  

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

This Announcement is dated 22 July 2019.