Posted by nasrim > 2021-02-23 14:49 | Report Abuse

Malaysia will receive its second batch of 182,520 doses of Pfizer-BioNTech vaccine on Wednesday for distribution to states that have yet to receive the vaccine, said Coordinating Minister for National Covid-19 Immunisation Programme Khairy Jamaluddin.

Posted by nasrim > 2021-02-23 14:51 | Report Abuse

The vaccine will be distributed to Kedah, Melaka, Negeri Sembilan and Perak on Wednesday, while Pahang, Terengganu, Kelantan, Sabah, Sarawak and the Federal Territory of Labuan will receive the supply on Thursday

Posted by nasrim > 2021-02-23 14:52 | Report Abuse

The National Covid-19 Immunisation Programme is implemented in three phases starting from Wednesday, with the first phase from February to April 2021 for the front liners involving 500,000 people.

Posted by nasrim > 2021-02-23 14:53 | Report Abuse

The second phase from April to August, will involve senior citizens aged 65 and above, the high-risk groups, and the disabled involving some 9.4 million people, while the third phase will start from May this year to February 2022, covering both Malaysians and non-citizens aged 18 and above, targeting more than 13.7 million people.

Posted by strattegist > 2021-02-23 14:55 | Report Abuse

steady flyyyyyyyyy

Posted by VenFx > 2021-02-23 14:57 | Report Abuse

CUCI CUCI DULU < 0.930
barulah wangi-wangian dipakai kemudian

1.20 kasih bertemu minggu ane.

Posted by VenFx > 2021-02-23 14:59 | Report Abuse

DATO T.F.
Show Us Your LOVE

Posted by sausagex99 > 2021-02-23 15:00 | Report Abuse

sapu cheap warrant

Posted by MoneyMakers > 2021-02-23 15:00 |

Post removed.Why?

Posted by SmallSexyPig > 2021-02-23 15:08 | Report Abuse

I really think AirAsia, with Tony Fernandes leading it, has the potential to be something like the Virgin Group of the UK. Tony is an inspiring leader. This current situation is difficult but you could argue his original starting position with AirAsia was much harder.

Posted by strattegist > 2021-02-23 15:09 | Report Abuse

cool

Posted by samo50sg > 2021-02-23 15:11 | Report Abuse

Wow... God of gloves those few usual culprits who got their disciples caught in high condominiums now spring into action singing a different tune now...
Greed again sets in..

Posted by Batman_Return > 2021-02-23 15:23 | Report Abuse

Come Smcap. Uptrending momentum just start

Posted by zanbini > 2021-02-23 15:24 | Report Abuse

AA was not favored before

Now AA has new shareholders (Hong Kong wealthy businessmen), and AA has to recruit new shareholders. This stock is becoming more and more attractive. It is expected to exceed RM2.00

Posted by zanbini > 2021-02-23 15:24 | Report Abuse

之前AA不被看好

现在AA有新股东了（香港富商），AA还要招新股东，这个股越来越有吸引力。预计可以超过RM2.00

Posted by richardlam > 2021-02-23 15:30 | Report Abuse

Khazanah Nasional Bhd the sole shareholder of Malaysia Airlines Bhd, has committed to inject RM3.6 billion in new capital into the national carrier's holding company Malaysia Aviation Group Bhd (MAG), to fund the group's business until 2025.

Posted by richardlam > 2021-02-23 15:31 | Report Abuse

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz was quoted as saying that a total of RM28 billion had been injected into Malaysia Airlines by Khazanah to date.The latest commitment follows Malaysia Airlines’ RM16 billion debt restructuring plan that was given the green light by the UK High Court today, with the deal set to complete by early next month.

Posted by PunTatBerSiul > 2021-02-23 15:31 | Report Abuse

"Posted by richardlam > Feb 23, 2021 3:30 PM | Report Abuse

Khazanah Nasional Bhd the sole shareholder of Malaysia Airlines Bhd, has committed to inject RM3.6 billion in new capital into the national carrier's holding company Malaysia Aviation Group Bhd (MAG), to fund the group's business until 2025."

===================================

More billions down the drain!

Posted by richardlam > 2021-02-23 15:34 | Report Abuse

MAG said the UK High Court has sanctioned a scheme of arrangement under Part 26 of the UK Companies Act 2006 between MAG’s leasing entity MAB Leasing Ltd and the majority of MAG’s aircraft operating lessors today.The scheme received the unanimous support of the relevant lessors and represents an important component of MAG’s wider restructuring exercise, which will achieve a reduction in MAG’s liabilities of over RM15 billion.

Posted by richardlam > 2021-02-23 15:35 | Report Abuse

This financial restructuring exercise, which is expected to complete in early March, involves all of MAG’s key stakeholders and, in addition to the scheme, will see the airline successfully achieve bilateral agreements with finance lessors, spare engine lessors, maintenance service providers, corporate lenders and government-related entities.Now that the scheme has been formally sanctioned by the UK court, the airline can proceed to implement its restructuring plan with the support of Khazanah and existing stakeholders.Key elements of the restructuring so far include network cuts, structural cost savings, cash conservation and payment deferral initiatives, which translated to RM5.5 billion in savings in 2020. It is aiming for another RM397 million in savings for the first quarter of 2021.

Posted by rasyid7 > 2021-02-23 15:36 | Report Abuse

madafakaaaa

Posted by richardlam > 2021-02-23 15:40 | Report Abuse

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.

Posted by strattegist > 2021-02-23 15:44 | Report Abuse

steady

Posted by meadow1628 > 2021-02-23 15:45 |

Post removed.Why?

Posted by PunTatBerSiul > 2021-02-23 15:47 |

Post removed.Why?

Posted by richardlam > 2021-02-23 15:50 | Report Abuse

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.

Posted by VenFx > 2021-02-23 15:53 | Report Abuse

Dnex got Silterra theme
AirAsia got AirAsia digital
Both got hamtam terribly during convid19.

Fuyoh on advance for tomorrow?

Posted by richardlam > 2021-02-23 15:56 | Report Abuse

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.

Posted by VenFx > 2021-02-23 15:58 | Report Abuse

0.930 a tough resistance yaa !
Be bit patient to it,
Once it is well absorbed

Dato T.F. shall alert us
to buckle up your seat belt.

Posted by richardlam > 2021-02-23 16:00 | Report Abuse

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".

Posted by richardlam > 2021-02-23 16:00 | Report Abuse

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.

Posted by richardlam > 2021-02-23 16:04 | Report Abuse

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.

Posted by richardlam > 2021-02-23 16:05 | Report Abuse

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.

Posted by richardlam > 2021-02-23 16:05 | Report Abuse

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

Posted by richardlam > 2021-02-23 16:07 | Report Abuse

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 .

Posted by richardlam > 2021-02-23 16:07 | Report Abuse

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)

Posted by richardlam > 2021-02-23 16:08 | Report Abuse

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

Posted by richardlam > 2021-02-23 16:08 | Report Abuse

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.

Posted by richardlam > 2021-02-23 16:09 | Report Abuse

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.

Posted by ykyew11 > 2021-02-23 16:10 | Report Abuse

@richardlam Dude if you really want to share this, share it in AAX's counter and share the link instead. It's getting annoying.

Posted by richardlam > 2021-02-23 16:11 | Report Abuse

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

Posted by richardlam > 2021-02-23 16:11 | Report Abuse

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.

Posted by Mearz1993 > 2021-02-23 16:15 | Report Abuse

if break resistance at rm1, price will rocketing. wait and see

Posted by ruby92 > 2021-02-23 16:22 | Report Abuse

Richardlam already miss the flight. HAHAHA

Posted by Mearz1993 > 2021-02-23 16:26 | Report Abuse

richardlam trying hard to use my old technique LMAO

Posted by AxeCapital2077 > 2021-02-23 16:31 | Report Abuse

Richard your investing strat from1974. Still wanna outline danger? Go buy gloves pls

Posted by jessymna > 2021-02-23 16:32 | Report Abuse

Without mad barker it's much better sailing

Posted by notanking > 2021-02-23 16:33 | Report Abuse

richard is.....obviously NOT a poker player....keke

Posted by rasyid7 > 2021-02-23 16:36 | Report Abuse

sell sell sell

Posted by PunTatBerSiul > 2021-02-23 16:38 |

Post removed.Why?