AIRASIAX Bhd may exclude Malaysia Airports Holdings Bhd from a plan to ask its creditors for a debt haircut, Reuters reported today.
MAHB filed suit last week to claim from AirAsia a debt of RM78 million.The airport operator also filed a separate application to be excluded from the carrier’s debt restructuring scheme as it was of the view that its loans were secure. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MACC looks into Sabah bank’s RM300 million loan to AirAsia | The Malaysian InsightCM questions 'hurried transaction' involving men linked to Warisan, report FMT.
Source: msianinsight - 🏆 8. / 63 Read more »
Shafie defends RM300 million loan to AirAsia | The Malaysian InsightEx-Sabah CM says approval only given after all conditions were met.
Source: msianinsight - 🏆 8. / 63 Read more »
Shafie Apdal alu-alukan siasatan pinjaman RM300 juta kepada AirAsia | The Malaysian InsightSPRM sedang menyiasat pinjaman yang diberikan Sabah Development Bank Bhd itu.
Source: msianinsight - 🏆 8. / 63 Read more »
AirAsia X to revise RM64b debt reform plan to expedite talks with creditors, say sources | Malay MailKUALA LUMPUR, Oct 29 — AirAsia X Bhd plans to drop a local airport operator from its RM64 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said. The budget carrier is seeking to reconstitute the RM64...
Source: malaymail - 🏆 1. / 86 Read more »
Future looks black for coffee shops under CMCO, work-from-home order | The Malaysian InsightProprietors group hopes Budget 2021 will deliver financial relief in in the form of interest-free loans.
Source: msianinsight - 🏆 8. / 63 Read more »
Be open over bleak outlook for pay rise and bonuses, companies toldThe Malaysian Employers Federation says transparency can help ease worker unrest. FMTNews PayRise
Source: fmtoday - 🏆 5. / 72 Read more »