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.
The government has agreed to visa exemption for tour groups from China on a trial basis.
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.
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.
The little napoleons in Khazanah would like us to believe that MAS employees have been gifted with Mr Christoph Mueller as their CEO.
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 read HERE.
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.
“Never look at tourists as a chance for making excessive profits, including to cheat by marking up prices, like taxi drivers who do not use the meter,” said our Prime Minister, YAB Dato’ Seri Najib Tun Razak, at a dinner hosted by the National Tourism Council of Malaysia (NTCM), HERE.