https://theedgemalaysia.com/node/686160Still, the director of MY Airline giving “positive”
hope to public that multiple sources want to partnership…
according to the news from the Edge…
it was very similar wayang tactic used by Iserve when they seized by regulator in Nov 2021, they went few rounds of jurisdiction review to give false hope to investors… especially those preference share holders.
Frankly speaking, it is very strange that any reasonable businessman to consider come into partnership with MY Airline
Reason:
a) MY airline’s reputation in the market and industry already gone.
supplier, customer, regulator and staff still trust you?
b) There should be no any remarkable asset, all the planes are not owned. But leased.
instead of asset. MY Airline has many liabilities yet to be burst.
how many capital you still have ? any reasonable person want to throw big money in and get nothing.
c) Backgroud connection with I-serve, BNM just imposed the fine of RM 50 million against them in last September after few jurisdictional review.
https://www.bnm.gov.my/-/ea-pn-20230901the same key person Allan Goh also hold a big share of MY Airline
so summary, instead of Strategic partner, now no one want to be Tragedy partner.
is the most elusive thing one can part money with and hang onto HOPE...
buys time so scammer can ciao..... and investors will slowly forget about it, redha, fated, takdir, whatever...
most scammed victims only have hopes, ask for evidence, solid proof to say it's scam, they wouldn't