And this is what Maybank analyst forcast on July 27.

In a note on Thursday (July 27), Maybank IB Research aviation analyst Samuel Yin Shao Yang said that moreover, AAX is now effectively debt-free.

He forecast record core net profit of RM160.1 million for FY2023 and RM256.5 million for FY2024.
Ascribing 10 times CY2023 estimated PER (price-earnings ratio) to AAX, we derive a TP of RM3.58.

The report then after the q2 result
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has slashed its earnings estimates by 16 to 29 per cent for AirAsia X Bhd following a dissapointing second quarter ended June 30, 2023 (2Q2023) results showing.

The research unit said the earnings estimates were imputed on the basis of increased passengers in financial year 2023, higher user charges as well as higher aircraft leasing expenses.

AAX swung from 1QCY23 core net profit of RM42.5 million to 2QCY23 core net loss of RM33.8 million as it had to lower fares by 32 per cent quarter-on-quarter (QoQ) to attract passengers during the seasonally slower 2QCY23, and maintenance and overhaul (M&O) expenses surged 82 per cent QoQ to RM115.8 million as more aircraft returned to service.

"Going into 3QCY23 and 4QCY23, AAX stated that passenger demand and fares are trending higher as we expected and M&O expenses will moderate to RM90 million per quarter.

Will be very interest to read Maybank analyst report on AAX projected core profit for 2023 and 2024

With Q3 EPS of 1.2 sen how to justify share price of RM 2.10 ?

TAAX recorded a net proft of RM749.17 million in the current quarter. As at 30 September 2023, the unrecognised amount of the Group's share of loss of TAAX which have not been equity accounted for amounted to RM140.28 million. In accordance to MFRS 128, any profits will only be recognised when its shares of the profits equals the share of losses previously not recognised.

Know what the above mean on TAAX?
Note: This quarter TAAX profit is from debts restructure gain.

Is AAX q3 net profit of RM5.6 million a very good result?

Is AAX q3 net profit of RM5.6 million a very good result?

AAX q3 Average fuel price (USD/Barrel) 113
CapA q2 Average fuel price (USD/Barrel) 104

What will be CapA q3 Average fuel price (USD/Barrel)?
And capital A’s aviation q3 will lose how many millions?

Note: Capital A’s aviation q2 is lose making:
Revenue/ASK: Q2 USD 4.22 cents cumulative 6 months USD 4.28 cents
Cost/ASK: Q2 USD 5.01 cents cumulative 6 months USD 4.72 cents
Cost/ASK ex fuel: Q2 USD 3.32 cents cumulative 6 months USD 2.95 cents

AAX also proposed that if it were to garner more than RM300 million in annual earnings before interest, tax, depreciation and amortisation, lease rentals and restructuring costs during its 2023-2026 financial years, all creditors except Airbus would be entitled to 20 per cent of those earnings. REUTERS

9 months end 30 Sept 2023 EBITDA RM 592,992,000.
So can AAX afford to give any dividend?

20. Lease liabilities
As at As at 30/09/2023 31/12/2022
RM'000 RM'000
Current
- Lease liabilities 98,254 57,033
Non Current
- Lease liabilities 1,418,762 1,005,449

As at As at 30/09/2023 31/12/2022
RM'000 RM'000
The currency profile of borrowings is as follows:
1,517,016 1,062,482

As at As at 30/09/2023 31/12/2022
RM'000 RM'000
Not later than 1 year 98,254 57,033
Later than 1 year and not later than 5 years 773,787 285,165
Later than 5 years 644,975 720,284
1,517,016 1,062,482

SEPANG, 21 November 2023 - AirAsia X Berhad (“AirAsia X” or the “Company”) is pleased to announce its financial results for the Third Quarter of 2023 (“3Q23”) ended 30 September 2023, and that it has been approved to exit its Practice Note 17 (PN17) classification by Bursa Malaysia Securities Berhad (Bursa Malaysia), marking a significant milestone in the airline's journey.

The Company registered a revenue of RM648.4 million, over six times higher year-on-year (“YoY”), reflecting about 64% recovery against the 2019 level, as the Company continued to return to operational normalcy over the past 12 months. During the quarter, increased recovery of the Company’s scheduled flight operations and additional capacity were introduced within its operational fleet. Consequently, the Company’s operational expenses posted an uptick, further exacerbated by the weakening of the Malaysian Ringgit against the US Dollar. Despite an increased cost structure, a downward forex trend, and a historically slower quarter, the Company persevered and recorded a net profit of RM5.6 million

If no bank wants to lend the money to Jaks, can ask Insas credit and leasing for the bridging loan and repaid after jaks RI arranged by M&A securities.

Next year Jaks RI coming, so NOSH will become 5 billion and another LTIP 250 million free grant to you know who.

Insas paid dividend every year.
Jaks never paid any dividend yet but every year PP, RI and LTIP multi- million of free grant of share to you know who.
Jaks NOSH is now ballon to 2,370 Million.

I think pantech is a better buy because every quarter also give dividend.

And most likely without LTIP, ALP pledged Jaks share will be margin call forced sell by bankers.

ALP is blantantly abuse the LTIP plan to reward himself.

The question LTIP stand for long term incentive plan to retain talent. So is ALP deserve the LTIP? Do you thing without LTIP ALP will not stay in Jaks?

Stock [JAKS]: JAKS RESOURCES BERHAD
Announcement Date 07-Jul-2023
Reference No ALA-06072023-00010
Listing Date 10-Jul-2023
New type/class? No
Type Others
Details Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP
No. of shares issued 70,500,000
Issue Price MYR 0.180
Par Value 0.000
Total NOSH 2,289,834,607

Shareholders are paying the LTIP free grant and coming Q3 will have LTIP expenses of 70,500,000 × RM 0.18 = RM 12,690,000.

Most of the 2022 BOD payment is from LTIP free grant of Jaks share.

Stock [JAKS]: JAKS RESOURCES BERHAD
Announcement Date 15-Sep-2022
Reference No ALA-14092022-00012
Listing Date 19-Sep-2022
New type/class? No
Type Others
Details Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP
No. of shares issued 45,000,000
Issue Price MYR 0.260
Par Value 0.000
Total NOSH 2,087,317,607


Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Sep-2022 Others 27,000,000
Registered Name Ang Lam Poah
Nature of Interest Direct Interest
Description Vesting RSP
Nature of Interest Direct Interest
Shares Ordinary Share
Reason Vesting of ordinary shares of JAKS Resources Berhad under the Restricted Share Plan (RSP) of the Long Term Incentive Plan.
Consideration -

Sold some still hold some and buyback some.

Construction of a FPSO for the ONGC NELP Block KG – DWN 98/2 Development Project Cluster-II field (“Field”) located on the east coast of Kakinada, offshore India (“98/2 Project”) for Oil and Natural Gas Corporation of India (“ONGC”)

The Group holds a 30% interest in associates involved in the 98/2 Project. Since December 2022, the FPSO has been hooked-up at the Field, is ready to commence acceptance tests and is waiting for the provision of hydrocarbons by ONGC (“First Oil”). The provision of First Oil is crucial to enable the FPSO to conduct the necessary acceptance tests to achieve final acceptance.

The construction of the FPSO for the 98/2 Project was mainly funded by a USD930.0 million bridge loan facility (“Bridge Facility”) made available by a syndication of lenders (“Bridge Lenders”). The Bridge Facility was intended to be refinanced by long term project finance. The Bridge Facility had a maturity date of 9 June 2023 with a five-business day grace period for payment i.e. 16 June 2023 (“Bridge Repayment Date”).

Despite having successfully executed a Facility Agreement dated 13 April 2023 for a project financing facility of USD948.0 million (“Project Facility”) from a syndicate of project finance lenders (“Project Lenders”) and fulfilling a majority of the disbursement conditions, the associate was not able to provide a final acceptance certificate for the FPSO (being one of the Project Facility disbursement conditions), by the Bridge Repayment Date, due to the delay in being able to conduct FPSO acceptance tests which is due to delay in provision of hydrocarbons by ONGC.

On 6 September 2023, the associate successfully achieved financial close under the Project Facility. The disbursement proceeds from the Project Facility have been utilised to fully repay the Bridge Facility.

Johor Sultan: If all is to be forbidden, then live in a cave
Published: Oct 15, 2017 2:22 PM
⋅
Updated: Oct 16, 2017 11:44 AM

I am in palm oil industry and we have both halal and kosher cartificate. Hence whom am I going to employ to work in the production?

most likely this week Insas quarterly report will be out together with the yearly dividend. Looking forward to another 5 digit or hopefully 6 digit dividend for me.

Mike-tikus Jaks ada kasi dividend?
Jaks most likely after recent PP this time will be RI to reward shareholders.

LARGEST WARRANT B HOLDERS AS AT 24 MARCH 2023
No. of
Names Warrant B (%)
1. Chong Kok Foo 22,464,833 13.10

2. Kenanga Nominees (Tempatan) Sdn Bhd 20,835,842 12.15
Pledged Securities Account for Ang Lam Poah

3. HLB Nominees (Tempatan) Sdn Bhd 10,165,749 5.93
Pledged Securities Account for Loo Kee Seng

4. Public Nominees (Tempatan) Sdn Bhd 8,770,850 5.11
Pledged Securities Account for Ang Lam Poah

5. Phillip Nominees (Tempatan) Sdn Bhd 7,775,240 4.53
Pledged Securities Account for Ang Lam Poah

6. Affin Hwang Nominees (Tempatan) Sdn Bhd 5,641,790 3.29
Pledged Securities Account for Ang Lam Poah

7. Original Invention Sdn Bhd 5,215,100 3.04

8. Er Soon Puay 3,700,500 2.16

9. Koh Seng Poh 3,454,011 2.01

10. Ch’ng Kim Soon 2,479,400 1.45

11. Wilfred Koh Seng Han 2,395,522 1.40

12. Maybank Nominees (Tempatan) Sdn Bhd 2,351,536 1.37
Pledged Securities Account for Ang Lam Poah

1 more week to last trading date on WB 27 Nov 2023.
Insider ALP pledged securities warrent B will turn into toilet paper or can he do something?

Preliminary Operating Statistics
For the 3rd Quarter of 2023
Thailand
AirAsia Thailand Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 4,555,306 2,754,920 65%
Capacity² 5,077,838 3,155,112 61%
Load Factor (%)³ 90 87 2ppt
ASK (mil)⁴ 5,921 2,863 107%
RPK (mil)⁵ 5,219 2,478 111%
Number of stages⁶ 27,868 17,269 61%
Average stage length (km) 1,161 906 28%
Size of fleet at quarter end (aircraft)⁷ 54 58 -4
Operating aircraft at quarter end (aircraft) 46 35 11

Indonesia
AirAsia Indonesia Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 1,774,083 1,068,900 66%
Capacity² 1,999,260 1,308,060 53%
Load Factor (%)³ 89 82 7ppt
ASK (mil)⁴ 2,875 1,621 77%
RPK (mil)⁵ 2,547 1,347 89%
Number of stages⁶ 11,107 7,267 53%
Average stage length (km) 1,438 1,239 16%
Size of fleet at quarter end (aircraft)⁷ 30 24 6
Operating aircraft at quarter end (aircraft) 22 12 10

Philippines
AirAsia Philippines Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 1,641,107 1,219,055 35%
Capacity² 1,782,012 1,376,460 29%
Load Factor (%)³ 92 89 4ppt
ASK (mil)⁴ 1,732 1,005 72%
RPK (mil)⁵ 1,540 873 76%
Number of stages⁶ 9,900 7,647 29%
Average stage length (km) 972 730 33%
Size of fleet at quarter end (aircraft)⁷ 25 24 1
Operating aircraft at quarter end (aircraft) 15 9 6

Malaysia
AirAsia Malaysia Jul-Sep 2023 Jul-Sep 2022 Change
Passengers Carried¹ 6,734,950 4,840,319 39%
Capacity² 7,627,949 5,601,821 36%
Load Factor (%)³ 88 86 2ppt
ASK (mil)⁴ 9,445 5,928 59%
RPK (mil)⁵ 8,244 5,102 62%
Number of stages⁶ 41,440 29,962 38%
Average stage length (km) 1,231 1,043 18%
Size of fleet at quarter end (aircraft)⁷ 102 105 -3
Operating aircraft at quarter end (aircraft) 69 47 22

If Thailand AA and Indonesia AA with load factor of 90% and 89% still lose making. Isn't that tell you something is very wrong with capA' aviation business model?

So will anyone dumb dumb hold capA and average down all the way till suspension and delist like serbadk?

By the way Jaks Q3 will be Q to Q drop and Q4 another Q to Q drop and you do know why.

Aiyoyo Mike-tikus,
I am looking forward to a better dividend from Insas and you are looking toward another RI for Jaks.

Mike-tikus,
AA Thai and AA Indonesia Q3 result already out. Look like another quaterly lose for capA.

Mike-tikus,
No need to repost your gibberish in Insas forum.

https://klse.i3investor.com/blogs/Sslee_blog/2023-11-05-story-h-215950673-INSAS_Questions_for_Insas_61th_AGM.jsp

All are welcome to refer to my upcoming Insas AGM questions to fully understand and agreed with me Insas is grossly undervalued.

With the completion of the securitisation of M&A Securities which Bursa & SC took a long time to grant their approvals. BOD of Insas is now more likely to do something to enhance shareholders value.

Most likely capA Q3 is a lose making quarter.
@geary any prediction on CapA Q3 financial result?

Indonesia airasia:
Laporan laba rugi dan penghasilan
komprehensif lain
30 September 2023

Profit (loss) attributable to parent entity ( 875,420,057,607 )

BANGKOK, 15 November 2023: Asia Aviation Plc, the sole shareholder of Thai AirAsia, announces its operational results for the third quarter of 2023 with total revenue reaching THB9,898.7 million, increasing 102% year-on-year (YoY) while controlling operational costs effectively.

Excluding fuel costs, the company’s cost per unit (CASK ex-fuel) decreased by 33% from the same period last year. EBITDA for the period was positive at THB389.1 million, bouncing from a loss of THB601.3 million the previous year.

Depreciation of the Thai baht towards the end of the quarter resulted in an unrealised loss from exchange rates of THB813.5 million, mostly an accounting loss with no impact on the company’s liquidity. Overall, the company saw a loss in the quarter of THB1,694.7 million, significantly improving from a loss of THB4,050.2 million in the same period last year.

NOTICE TO WARRANT HOLDERS OF THE WARRANTS 2018/2023
in relation to
THE EXPIRY AND FINAL EXERCISE OF THE WARRANTS 2018/2023
STOCK NAME : JAKS-WB
STOCK CODE : 4723WB
IMPORTANT RELEVANT DATES
Last date and time for trading of Warrants 2018/2023 : Monday, 27 November 2023 at 5.00 p.m.
Date and time of suspension of Warrants 2018/2023 : Tuesday, 28 November 2023 at 9.00 a.m.
Last date and time for transfer into depositor’s CDS Account : Wednesday, 6 December 2023 at 4.30 p.m.
Last date and time for exercise of Warrants 2018/2023/ Expiry Date : Wednesday, 13 December 2023 at 5.00 p.m.
Date and time for delisting of Warrants 2018/2023 : Thursday, 14 December 2023 at 9.00 a.m.
This Notice is dated 10 November 2023

BobAxelrod6868 > Nov 16, 2023 1:00 PM | Report Abuse
Probably IDQ aka Foong should beg in a corner for a plane ticket to visit China and open his eyes.......Nobody can open his heart as it is vile and stained with incurable poison.....

No need to visit China. How about visit US and see whether you can survive in the city subway or city park at night without getting yourself killed or robbed.

Gov. Gavin Newsom is on the receiving end of a mountain of criticism after admitting that San Francisco’s speedy clean-up of dirty streets and homeless encampments was timed for the visit of Xi Jinping and other foreign dignitaries for the Asia-Pacific Economic Cooperation summit this week.

The big picture: Many people on social media expressed outrage, criticizing Newsom and the Democratic Party for prioritizing the cleanup for foreign leaders instead of addressing the ongoing homelessness crisis in California.

Critics accused Newsom and other politicians of neglecting the needs of their own citizens and only taking action when foreign dignitaries are in town.
Some pointed out the hypocrisy of spending billions of dollars over the years to address the homelessness crisis, while San Francisco was able to clean up in just 48 hours.
Former Mayor of San Francisco and now Governor of California, Newsom, was specifically targeted for his admission and his policies.
Newsom defended the cleanup efforts, stating that it was part of the ongoing Clean California beautification project and aimed to showcase San Francisco as an extraordinary place for the visiting leaders.
The governor’s office responded to the criticism by stating that the reporting on the event had been misleading and pointed to the success of the Clean California initiative in cleaning up encampments statewide.
What they’re saying: “I know folks are saying, ‘Oh they’re just cleaning up this place because all those fancy leaders are coming to town.’ That’s true, because it’s true,” Newsom said at a Thursday press conference.

“The saddest part of this is that California’s leaders are showing they could clean up their streets – they just choose not to,” Gov. Sarah Huckabee Sanders (R-Ark.) wrote. “Here in Arkansas, we’re cracking down on crime, lowering taxes, and investing in communities. And we’re doing it for Arkansans, not the CCP.”
“How about instead of spending billions and billions over years and years to fight the homeless crisis, we just do what San Francisco did in 48 hours?” consultant and California native Andrew Clark wrote.

The details of the directors’ remuneration for the financial year ended 31 December 2022 are set
out below:
Group
2022 2021
RM: RM
Directors’ remuneration:
- fee 90,000: 90,000
- salary and other emoluments 39,087,000: 26,206,100
- contribution to state plans 6,479,100: 4,501,972
- other personnel costs 8,485: 7,912
Total 45,664,585 : 30,805,984

I follow up with below questions and received no replied from KSL.

I refer to Board answered below on dividend:

EXPLANATION TO THE ABOVE Q1 TO Q8

KSL is currently developing a huge integrated commercial complex with hotel(proposed name KSL Esplanade Mall) in Klang (Annual Report 2018 page 23).

It is under active construction and targeted to be completed in year 2021.

Total estimated capital expenditure for the above complex is approximately RM 500 million.

We need to set aside our reserves for the above projects and working capitals.

Hopefully, it will generate huge income once in full operation and enhance our future earning.

May I ask following questions to the Board of Directors

Question 1: Why the management spend a substantial capital in 2018 into buying below two pieces of land?

Mukim of Pulai vacant free hold Land held for Development 8,208,099 sq ft: Net book value RM 180,674,963. RM 22.0 per sq ft. Date of acquisition: 20.03.2018

Mukim of Tebrau vacant lease hold Land held for Development 5,137,998 sq ft: Net book value RM 134,021,551. RM 26.1 per sq ft. Date of acquisition: 12.03.2018

Question 2: Shouldn’t the board reserve the cash to at least pay some dividend and also for working capital for KSL Esplanade Mall Klang?

Question 3: What is the intent development plan for these two pieces of land and the GDV?

Thank you

Q1: Refer 2018 Cash flow statement, is KSL generated enough free cash
flow to pay a dividend? (Yes/No)

Q2: Is KSL has enough cash reserve to pay a dividend? (Yes/No)

Q3: Any cash flow problem if KSL pay out 4 cents dividend for FY 2018?
(Yes/No)

Refer Chairman’s statement: 2014 Annual report
I am also pleased to announce that the Group has adopted a dividend
policy of distributing 40%of the Group’s annual net profit after tax from operations (excluding any fair value gains) to shareholders in the form of cash dividends or new share issuance under the Dividend
Reinvestment Plan scheme. The dividend policy aims to attract long
term investors and to enable shareholders enjoy higher returns in
tandem with the expanding business.

Q4: What happen to the adopted dividend policy?

Q5: What happen to the promised the dividend policy aims to attract long term investors and to enable shareholders enjoy higher returns in
tandem with the expanding business?

Q6: What are the reasons for financial year end 2016, 2017 and 2018 no
dividend was given?
Refer 2018 Chairman’s statement “The Group’s financial position as at
end-December 2018 was further strengthened with our retained profit
and increased profitability, with shareholders’ equity growing to
RM2,815 million from RM2,600 million in the previous year end”

Q7: Since KSL has a very strong financial position should the board reward the shareholder with reasonable dividend? (Yes/No)

Q8: Without a formal dividend policy KSL market price had dropped into
penny stock (below RM 1.00) level. Should Board consider adopting a
new formal dividend policy to give clarity to investing public that the
BOD/Controlling shareholders interest is aligned with minority
shareholders.

EXPLANATION TO THE ABOVE Q1 TO Q8
KSL is currently developing a huge integrated commercial complex with hotel (proposed name KSL Esplanade Mall) in Klang (Annual Report 2018 page 23).
It is under active construction and targeted to be completed in year 2021.
Total estimated capital expenditure for the above complex is approximately RM 500 million.
We need to set aside our reserves for the above projects and working capitals.
Hopefully, it will generate huge income once in full operation and enhance our future earning.

Q9. I am glad to see KSL group is well managed and run by company
founder three brothers where each taking up a section/area
responsibility for the day-to-day management, decision-making and
operations of the group as compare with other where a single CEO
overall responsible for the day-to-day management, decision-making
and operations of the group. I am bringing out this as I feel the
remuneration is on the high side since each only responsible for a
section/area of the group business.
Hopefully next year this remuneration can be reviewed and any saving is
used to pay a dividend. What is your opinion?

ANSWER
We take note of your proposal.

When KSL replied shareholders 29th KSL AGM questions in such lukewarm way. I just dold all my KSL share and never look back.

Not denying can only mean Mike-tikus actually trapped himself inside Jaks-WB.

Repost:
Nov 14, 2023 3:11 PM | Report Abuse

Sorry typo error.
Insas-WC not insas-WB.
Insas-WB, stockraider bought 1 million at RM 0.005 for 5 thousand and have a narrow escape selling back at RM 0.005 before Insas-WB expired.

Guess what will capA fall to RM 0.XXX just before suspension and delisting?

Stockraider invested RM 5,000 holding 1,000,000 Insas-WB and has a narrow escape manage sold back all the Insas-WB at RM 0.005.

Mike-tikus will not be so lucky holding the Jaks-WB

Liar will alway behave like a liar. When will and for how long more ALP wasted away the goldmine?

Jak-WB will expired as toilet paper. And no wonder someone already camp here start promoting Jaks day and night so many months ago due to trap himself inside Jaks-WB RM 0.005

I refer to you know who? Is it ALP or Mike-tikus still staying in parent house and live off the parent earning?

Is this mean right to left and then left to right and so on?

Posted by TheContrarian > Nov 15, 2023 5:50 PM | Report Abuse
Volume today 45 million shares, free float only 81 million shares.

Mike-tikus,
Your jaks now still got how many digit book gain.
My Jayatiasa another 6 digit book gain.🤑

AirAsia yet to respond to Sarawak's call to reconsider flight suspension

By Bernama | 2023-11-14 20:32:40
SIBU (Nov 14): Air Asia Malaysia chief executive officer Riad Asmat has yet to respond to the Sarawak Transport Ministry’s call to reconsider the company’s plan to suspend Singapore-Miri and Singapore-Sibu flights, effective Feb 21 next year.

Sarawak Transport Minister Datuk Seri Lee Kim Shin said that the letter from his ministry to Asmat, dated Nov 8, also called for the airlines to continue and maintain the two routes with a reduced flight frequency until low load problems are solved in the future.

“Once the load is stabilised and improved in the future, AirAsia may increase the flight frequency for the two routes. Currently, AirAsia is operating four times from Singapore to Miri and three times to Sibu weekly, with an average load capacity of 69% and 67% respectively,” he said in a statement on Tuesday.

The ministry, on Nov 7, received an email from AirAsia stating that the airline will be suspending the two flight sectors, due to low load factors, heavy losses and as part of rationalisation of their fleet operations.

Meanwhile, he said Scoot Pte Ltd, through its chief commercial officer, Calvin Chan, had reaffirmed SCOOT’s Airlines plan to increase flights to Sarawak, particularly Kuching and Miri, as well as starting a new route to Sibu next year.

Lee said that the actual date for the increased flights and route to Sibu could not be ascertained now, pending the arrival of new aircraft, which would most probably be in the second quarter of 2024.

He added that SCOOT is currently flying daily from Singapore to Kuching and three times weekly to Miri since February 2022, and it would be timely for the airline to increase its operations to Miri and Sibu, since both destinations play an important role for business travellers and nature-loving tourists.

“We believe that this initiative will boost tourism and economic activity in Sarawak, where Miri and Sibu have been highlighted as one of the main tourist attractions, with numerous wildlife, pristine rainforest and a harmonious social environment,” he said.

Apart from that, he said Miri would also receive additional flights from Firefly Sdn Bhd, which would operate two flights weekly between Miri and Kota Kinabalu, starting Nov 22.

“We believe that this initiative will be the beginning of stronger relations between Firefly Sdn Bhd and Sarawak, thus boosting air connectivity for business, investment, and tourism ac

Is Mike-tikus also trapped himself in Jaks-WB?