KPMG Malaysia Airlines System Berhad in Liquidation Notice1 min read
KPMG Malaysia Airlines System Berhad in Liquidation Notice
We received the KPMG Malaysia Arilines System Berhad in Liquidation Notice on Whatsapp and some people might read about the same notice. It is the notice of submission of proof of debt or claim dated 22 October 2020 by Liguidator KPMG.
We asked our friends from Malaysia Airlines and it has been already clarified in various newspaper today on TheStarOnline and Malay Mail.
Here is the official media statement given by Malaysia Airlines Berhad (MAB)
Malaysia Airlines Berhad (MAB) wishes to clarify that the notice to creditors for submission of proof of debt or claim that has been circulating on social media is one of the processes of liquidation undertaken by KPMG for the old entity Malaysian Airline System Berhad (MAS), as the appointed liquidator of the company since February 2020. The matter is unrelated to MAB and is no way part of its current restructuring exercise.
In short, KPMG Malaysia Arilines System Berhad in Liquidation Notice is the liquidation of the old company and it has nothing to do with the Malaysia Airlines Berhad. Hope this clarifies the confusion.