PETALING JAYA: The Securities Commission Malaysia (SC) will be examining the allegations made against AirAsia Group Bhd and AirAsia X Bhd. "The statement of facts in the case of Regina vs Airbus SE discloses several allegations against AirAsia Group Bhd and AirAsia X Bhd. "As both are listed on Bursa Malaysia, the Securities Commission Malaysia will examine the allegations and review all available evidence to determine if there is any breach of securities laws," SC chairman Datuk Syed Zaid Albar (pic) said in a statement on Sunday (Feb 2). AirAsia has denied allegations that it acted improperly when it bought aircrafts from Europe's Airbus SE years ago. The Malaysian Anti-Corruption Commission (MACC) had also earlier confirmed that it has initiated investigations into the allegations.

Source: thestar February 02, 2020 07:07 UTC