Malaysia Airlines clarifies liquidation notice

(NST) – Malaysia Airlines Bhd (MAB) has today refuted any notion that it is being liquidated.

This follows the latest notice to creditors advertised by KPMG that has gone viral.

An MAB spokesperson told the New Straits Times that the notice was related to submission of proof of debts or claims, which was one of the processes of liquidation undertaken by KPMG for the now defunct Malaysia Airline System Bhd (MAS).

“The matter is unrelated to MAB and is no way part of its current restructuring exercise,” said MAB spokesperson.

In the paper advertisement today, KPMG required all creditors of MAS which had yet to file their claims, to submit proof of debts or claims by 5pm on November 12.

MAB took over MAS as the national carrier on September 1 2015 as part of a recovery plan initiated by parent Khazanah Nasional Bhd.