Malaysian Airline System Berhad Liquidation

Malaysia airlines bhd took over as the national flag carrier in 2015 from malaysia airlines system bhd.

Malaysian airline system berhad liquidation. Kuala lumpur oct 22 malaysia airlines bhd mab today clarified that an advertisement or notice to creditors was directed at the creditors of its former now defunct entity malaysian airline system berhad mas for the latter s ongoing liquidation process a news report has said. In other words malaysia airlines the national carrier of malaysia i s. The notice dated february 21 refers to creditors. However malaysian airline system mas is an old defunct entity and is separate from malaysia airlines berhad mab which owns malaysia airlines.

Nst malaysia airlines bhd mab has today refuted any notion that it is being liquidated. This follows the latest notice to creditors advertised by kpmg that has gone viral. Malaysia airlines is owned entirely by the government through sovereign wealth fund khazanah nasional bhd. An mab spokesperson told the new straits times that the notice was related to submission of proof of debts or claims which was one of the processes of liquidation undertaken by kpmg for the now defunct malaysia.

The notice of appointment and address of the interim liquidator that is making the rounds on social media is for the now defunct malaysian airline system bhd mas and not malaysia. Malaysia airlines bhd mab has today refuted any notion that it is being liquidated. This follows the latest notice to creditors advertised by kpmg that has gone viral. The notice of appointment of an interim liquidator making the rounds on social.

A notice announcing the appointment and address of an interim liquidator that is currently circulating with some alarm on social media is for the now defunct malaysian airline system berhad mas not today s malaysia airlines berhad mab a spokeswoman for the flag carrier has clarified to the malaysian national news agency. Malaysian airline system mas not malaysia airlines berhad mab the liquidation of malaysian airline system mas is genuine and so is the kpmg notice to creditors.