Mavcom-CAAM merger is unrelated to sale of MAHB shares

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MAVCOM Noticias

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COLOGNE, Germany (Reuters) - While England won their group at Euro 2024 their humdrum scoreless draw against Slovenia on Tuesday, the third dull performance in as many games, had frustrated supporters poking fun at coach Gareth Southgate and his team.

KUALA LUMPUR: Transport Minister Anthony Loke Siew Fook has refuted allegations that the merger of the Malaysian Aviation Commission and the Civil Aviation Authority of Malaysia is intended to ease the sale of Malaysia Airport Holding Bhd shares.

"If MAVCOM disagrees, the sale of shares will not proceed. Thus, it is wrong to say the decision will help ease the approval of the MAHB shares sale,” he said when winding up the second reading of the Malaysian Aviation Commission Bill 2024 in the Dewan Rakyat, today. The minister said that the merger, MAVCOM, will be dissolved and its functions absorbed by CAAM, which will become the sole authority on the national civil aviation industry.

They also urged the government to seek alternatives to MAVCOM’s dissolution as the independent aviation commission responsible for regulating all commercial and economic aspects of the country’s civil aviation industry and protecting the rights of the industry’s users and customers.

 

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