Gold huhu sheng wei in ukraine tensions

Gold huhu sheng wei in ukraine tensions

Gold huhu sheng wei in ukraine tensions

Gold huhu sheng wei in ukraine tensions

Gold huhu sheng wei in ukraine tensions

Gold huhu sheng wei in ukraine tensions

look short selling in plantations

short selling in bluechip

Gold 1989

bankruptcy soon...

more contract from taiwan

more contract from china

accumulate

accumulate more

accumulate

same inari lah will ringgit soon...

uptrend...

slowly slowly up...

relax relax hey

thestar superstar today

show coming...

Tourism sectors hit again by MCO 3.0

Genting hit by MCO 1.0 & MCO 2.0

now MCO 3.0 hit again AA Red plane

airasia pitiful hit by pandemic covid19

2020 March MCO 1.0 Gloves and Technology stock up...
2021 Jan MCO 2.0 Technology up ...
2021 May MCO 3.0 Gloves stock up ? technology stock up ? or both up ??

flights from and to India only cargo flights will be permitted at this time

Transport Minister Datuk Seri Dr Wee Ka Siong said the government had banned all passenger flights from and to India from entering this country since April 28.

data pattern same past cybert ?

ok noted

AirAsia X the debt restructuring entailed a restructuring of approximately RM63.5 billion of debts to be reconstituted into an acknowledgement of indebtedness by AirAsia X for a principal amount of up to RM200 million.

Total cost of investment in AAJ has been fully written down AirAsia Group

AirAsia Group which is restructuring its operations, has announced among others, that its 33%-owned associate AirAsia Japan Co Ltd (AAJ) filed for bankruptcy proceedings on Nov 17, 2020 due to insolvency resulting from a demand slump in travel induced by lockdown restrictions related to the coronavirus pandemic.

AirAsia Group and AirAsia X reported losses in their latest quarterly financial results as the Covid-19 pandemic brought the global aviation sector to its knees amid countries' restricted movement policies to curb the spread of the pandemic.

TLSB and TASB own direct stakes of 16.73% and 15.45% respectively in AirAsia Group.

Fernandes owns direct and indirect stakes of 0.05% and 32.18% respectively in the company. AirAsia Group said in its annual report that Fernandes' indirect 32.18% stake is by virtue of him holding more than 20% stakes in Tune Live Sdn Bhd (TLSB) and Tune Air Sdn Bhd (TASB)

Fernandes owns direct and indirect stakes of 2.69% and 31.59% respectively in the company, where he is non-independent and non-executive director to AirAsia X .

AirAsia Group and AirAsia X, AirAsia Group via 100%-owned subsidiary AirAsia Bhd (AAB) holds a direct 13.76% stake in AirAsia X, where Tune Group Sdn Bhd (TGSB) held a direct 17.83% stake

Fernandes who is a major shareholder of AirAsia Group and AirAsia X Bhd, however, did not specify in the interview with CNN whether he was talking only about AirAsia Group or referring to AirAsia Group collectively with AirAsia X.

Delay Airbus aircraft orders more than cancel. The statement by AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes may have encapsulated the budget airline's sentiment on its long-term business ties with aircraft manufacturer Airbus at a time when global Covid-19 pandemic-driven restricted movement policies have negatively impacted the aviation sector.

court documents filed this month show that most of AAX’s lessors support a restructuring plan, and the airline has received interest from potential investors for fundraising after reorganization, Reuters reported.Planemaker Airbus SE filed an affidavit last month saying it could lose more than US$5 billion worth of aircraft orders if AAX proceeded with the plan.Fifteen out of 20 aircraft lessors were not in favour of AAX liquidating, while Rolls-Royce Group and interveners — Airbus, and BNP Paribas — were "not objecting" to the restructuring plan.Lessors in favour of a restructuring include Macquarie Aircraft Leasing Services and Aircastle, according to the documents.AAX is seeking to restructure RM64.15 billion of debt. Its accrued debt amounts to RM2.24 billion, without taking into consideration contingent debts such as its large aircraft order book with Airbus.

Air Asia X counsel Gopal Sreenevasan, as well as Kwan Will Sen from Lim Chee Wee Partnership who are acting for lessor BOC Aviation Ltd (BOCA), Macquarie Aircraft Leasing Services and Lavender Leasing.Lessor BOC Aviation Ltd and airport operator Malaysia Airports Holdings Bhd have argued that AAX is 'hopelessly insolvent".

After marathon submissions from lawyers of AirAsia X Bhd (AAX) and 14 creditors since Dec 21, the High Court has set Feb 19 for a decision on whether the creditors can intervene in a proposed court-supervised restructuring of the budget airline.Judicial Commissioner Ong Chee Kwan set the date today after hearing submissions from lawyers representing all parties involved.

Lessors in favour of a restructuring include Macquarie Aircraft Leasing Services and Aircastle, according to the documents.AAX is seeking to restructure RM64.15 billion of debt. Its accrued debt amounts to RM2.24 billion, without taking into consideration contingent debts such as its large aircraft order book with Airbus.

court documents filed this month show that most of AAX’s lessors support a restructuring plan, and the airline has received interest from potential investors for fundraising after reorganization, Reuters reported.Planemaker Airbus SE filed an affidavit last month saying it could lose more than US$5 billion worth of aircraft orders if AAX proceeded with the plan.Fifteen out of 20 aircraft lessors were not in favour of AAX liquidating, while Rolls-Royce Group and interveners — Airbus, and BNP Paribas — were "not objecting" to the restructuring plan.

Air Asia X counsel Gopal Sreenevasan, as well as Kwan Will Sen from Lim Chee Wee Partnership who are acting for lessor BOC Aviation Ltd (BOCA), Macquarie Aircraft Leasing Services and Lavender Leasing.Lessor BOC Aviation Ltd and airport operator Malaysia Airports Holdings Bhd have argued that AAX is 'hopelessly insolvent".

After marathon submissions from lawyers of AirAsia X Bhd (AAX) and 14 creditors since Dec 21, the High Court has set Feb 19 for a decision on whether the creditors can intervene in a proposed court-supervised restructuring of the budget airline.Judicial Commissioner Ong Chee Kwan set the date today after hearing submissions from lawyers representing all parties involved.

Malaysia high court has ordered budget long-haul airline AirAsia X Bhd (AAX) to convene separate meetings with its different groups of creditors within 180 days from the date of order.The meetings are for the purpose of "considering and, if thought fit, approving with or without modification the Proposed Debt Restructuring to be proposed by AAX and the creditors.
Kuala Lumpur High Court ruled that aircraft lessors and planemaker Airbus SE were to be treated as unsecured creditors, but that Airbus would be placed in a separate class from other unsecured creditors. The ruling was made last Friday. The airline has been looking to restructure RM64.15 billion of debt.

Malaysia high court has ordered budget long-haul airline AirAsia X Bhd (AAX) to convene separate meetings with its different groups of creditors within 180 days from the date of order.The meetings are for the purpose of "considering and, if thought fit, approving with or without modification the Proposed Debt Restructuring to be proposed by AAX and the creditors.
Kuala Lumpur High Court ruled that aircraft lessors and planemaker Airbus SE were to be treated as unsecured creditors, but that Airbus would be placed in a separate class from other unsecured creditors. The ruling was made last Friday. The airline has been looking to restructure RM64.15 billion of debt.

operating lessors supported the airline with a reset of lease rates to market and deferrals, while deferrals will also be implemented with finance and other lessors.A term-out of facilities was also agreed to by revolving credit facility (RCF) lenders and hedging counterparties, while government-related entities have agreed to various concessions to enable a solvent recapitalisation of Malaysia Airlines.