News


BackAug 10, 2022
Type Announcement
Subject MATERIAL LITIGATION
Description

AIRASIA X BERHAD

Discontinuance of legal proceedings by and against AirAsia X Berhad ("the Company" or "AAX") and AirAsia Berhad ("AAB")

Reference is made to the Company’s announcements made on 11 December 2018, 23 January 2019, 18 July 2019, 10 September 2019 and 19 September 2019 on the suit filed by Malaysia Airports (Sepang) Sdn. Bhd. (“MASSB”), a wholly-owned subsidiary of Malaysia Airport Holdings Berhad (“MAHB”), against the Company together with an affiliate of the Company, AAB, in relation to MASSB’s claim for Passenger Services Charges (“PSC”).

 

Reference is also made to the Company’s announcement on 4 October 2019 in relation to the suit filed by AAX and AAB, where MASSB is named as the respondent, in relation to AAX’s and AAB’s claim for the sum of RM479,781,285.00.

 

The Company wishes to announce that pursuant to the Notices of Discontinuance filed on 9 August 2022, AAX and AAB have discontinued the following legal proceedings against MASSB:

  1. Kuala Lumpur High Court Civil Suit No. WA-23NCvC-56-10/2019; and
  2. Federal Court Civil Motion Nos. 08(i)-200-04/2022(W); 08(i)-201-04/2022(W); 08(i)-202-04/2022(W); 08(i)-203-04/2022(W); 08(i)-204-04/2022(W) and 08(i)-205-04/2022(W).

 

Concurrent with the above, the Company also wishes to announce that:

  1. pursuant to the Notice of Discontinuance filed on 9 August 2022, MASSB have discontinued Court of Appeal Civil Appeal No. W-02(IM)(NCvC)-600-04/2022 against AAX and AAB; and
  2. pursuant to the Notice of Discontinuance filed on 9 August 2022, MAHB and its subsidiary, MASSB, have discontinued Kuala Lumpur High Court Civil Suit No. No. WA-23CY-8-02/2019 against AAX, AAB, Riad Asmat and Benyamin bin Ismail which had been filed on 19 February 2019.

 

With the filing of the aforesaid Notices of Discontinuance, the Company is pleased to announce that these legal proceedings between the Company, AAB, MAHB and MASSB have been discontinued.

 

This announcement is dated 10 August 2022.





Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 10 Aug 2022
Category General Announcement for PLC
Reference Number GA1-10082022-00051