Malaysia Airlines said the notice that was circulating on social media is part of the liquidation process for the defunct MAS. ― Picture by Choo Choy May
KUALA LUMPUR, Oct 22 — Malaysia Airlines Bhd today clarified that an advertisement or notice to creditors was directed at the creditors of its former now-defunct entity Malaysian Airline System Berhad for the latter’s ongoing liquidation process, a news report has said. Malaysia Airlines was providing clarification regarding today’s notice to MAS’ creditors by the defunct company’s liquidator KPMG, where creditors were told to submit proof of the debt owed to them by MAS or proof of their claims by 5pm on November 12, 2020 to KPMG Deal Advisory Sdn Bhd.
“The matter is unrelated to Malaysia Airlines and is in no way part of its current restructuring exercise,” Malaysia Airlines was quoted as saying byUnder sole shareholder Khazanah Nasional Berhad’s restructuring and recovery plan for Malaysia Airlines, the airline’s operations was transferred from MAS to the current company MAB on September 1, 2015.