AIRASIA X BERHAD
Discontinuance of legal proceedings by and against AirAsia X Berhad ("the Company" or "AAX") and AirAsia Berhad ("AAB")
Reference is made to the Company’s announcements made on 11 December 2018, 23 January 2019, 18 July 2019, 10 September 2019 and 19 September 2019 on the suit filed by Malaysia Airports (Sepang) Sdn. Bhd. (“MASSB”), a wholly-owned subsidiary of Malaysia Airport Holdings Berhad (“MAHB”), against the Company together with an affiliate of the Company, AAB, in relation to MASSB’s claim for Passenger Services Charges (“PSC”).
Reference is also made to the Company’s announcement on 4 October 2019 in relation to the suit filed by AAX and AAB, where MASSB is named as the respondent, in relation to AAX’s and AAB’s claim for the sum of RM479,781,285.00.
The Company wishes to announce that pursuant to the Notices of Discontinuance filed on 9 August 2022, AAX and AAB have discontinued the following legal proceedings against MASSB:
Concurrent with the above, the Company also wishes to announce that:
With the filing of the aforesaid Notices of Discontinuance, the Company is pleased to announce that these legal proceedings between the Company, AAB, MAHB and MASSB have been discontinued.
This announcement is dated 10 August 2022.
|Company Name||AIRASIA X BERHAD|
|Date Announced||10 Aug 2022|
|Category||General Announcement for PLC|