AirAsia Bhd’s (AAB) audit committee has issued a statement following the GMT Research report, pointing out that it cannot have legal control or legal power over its associate companies in Indonesia, Philippine, Thailand and India, HERE.Continue reading →
Hong Kong-based GMT Research has issued a report questioning airline AirAsia Bhd‘s accounting practices, accusing it of using transactions with associate companies to boost its earnings, according to a copy obtained by Reuters. Continue reading →
The little napoleons in Khazanah love COLLABORATION/CCF so are the babies!
In PART 1 we stopped at the sorry state of Rural Air Service (RAS) and Fly Asian Express Sdn Bhd (now AirAsia X) where six aircraft were grounded due to un-airworthiness and another one was cannibalised for spare parts, and how MAS was left to pickup the pieces thereafter. Continue reading →
In September 2013, AirAsia A320 undergoing maintenance works in MAS Hangar No: 5 in KLIA. In May 2012 Tony Fernandes said AirAsia will not send its aircraft to MAS for maintenance.
AirAsia Bhd, which is in talks with Malaysia Airlines Bhd (MAHB) on possible collaborations in maintenance, repair and overhaul (MRO) is open to collaborate with the national carrier in other areas, said its group CEO Tan Sri Tony Fernandes. For full report please readHERE. Continue reading →
The villagers’ protest against JinkoSolar plant in Zhenjiang, China
I really am glad that the Penang State Government had responded on the allegations against JinkoSolar plant in Prai which poses a real threat to environmental and public health which have been highlighted HERE & HERE.