AirAsia: Outstanding due to wrong invoices
Publish date: Thu, 21 Jun 2012, 03:10 PM
AirAsia Bhd clarified that the RM7 million outstanding to Malaysia Airports Holdings Bhd (MAHB) as alleged is due to invoices that were wrongly made.
"There is zero debt or no debt," Tan Sri Tony Fernandes, Group chief executive officer of AirAsia told reporters after the company's annual general meeting in Sepang today.
In a statement yesterday, AirAsia said the delay in payment was due to MAHB invoicing it for the wrong amount, which meant payment had to be postponed in order to correct the mistakes.
On Malaysia Airlines, he said any collaboration would benefit Malaysia.
Asked whether there is any real collaboration, he said, "We have to wait and see."
On dividend policy, he said, the management is going to make a recommendation to the company's board for a yearly dividend policy. -– BERNAMA
"There is zero debt or no debt," Tan Sri Tony Fernandes, Group chief executive officer of AirAsia told reporters after the company's annual general meeting in Sepang today.
In a statement yesterday, AirAsia said the delay in payment was due to MAHB invoicing it for the wrong amount, which meant payment had to be postponed in order to correct the mistakes.
On Malaysia Airlines, he said any collaboration would benefit Malaysia.
Asked whether there is any real collaboration, he said, "We have to wait and see."
On dividend policy, he said, the management is going to make a recommendation to the company's board for a yearly dividend policy. -– BERNAMA
Labels: CAPITALA
Discussions
Be the first to like this. Showing 1 of 1 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Good Articles to Share
2
3
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
4
Mercury Securities Research
5
BFM Podcast
6
Koon Yew Yin's Blog
7
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gajah
If you collected on my behalf, why don't you just pass the collection. Do I have to make a demand? Don't speak with a forked tongue
2012-06-21 16:32