Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Myairline suspended all operations, Kesian

views
     
submergedx
post Oct 12 2023, 07:50 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(Cookie101 @ Oct 12 2023, 07:21 AM)
To bump up local market statistics saying high fdi etf and look good.

This all about madani image to look good.

Janji numberman can show numbers and pegang
*
MYAirline....Madani? apa mengenaan?


submergedx
post Oct 12 2023, 07:55 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
MYAirline is owned by Malaysian entrepreneur Dato. (Allan) Goh Hwan Hua, who controls a 98% stake in the airline via two private entities, Zillion Wealth Bhd. (88%) and Trillion Cove Holdings Bhd. (10%). Rayner Teo Kheng Hock, the founding CEO of MYAirline, holds the remaining 2%[32].

Controlling shareholder Dato. Goh is the owner of iServe, a fintech company. iServe was raided by Malaysia's central bank, Bank Negara Malaysia, in November 2021 on suspicion of committing money-laundering offences and accepting deposits without a license. RM118.7 million (US$27 million) of funds were frozen across 45 bank accounts, while 22 different locations around Malaysia were raided in a joint operation alongside the Securities Commission of Malaysia, the Companies Commission of Malaysia, the Malaysian Anti-Corruption Commission, the Royal Malaysia Police and Cybersecurity Malaysia[33][34]. In September 2023, Bank Negara Malaysia levied a fine of RM50 million on iServe and six other related entities for money-laundering offences and accepting deposits without a license[35].

In May 2023, MYAirline shareholder Trillion Cove Bhd., controlled by Dato. Goh, was implicated in a money-laundering case involving Datum Mohamad Madani Sahari, the former CEO of the Malaysian Automotive Robotics and IoT Institute. He was charged with receiving RM19,000 of fees from illegal transactions, involving the purchase of RM1 million of Trillion Cove's Redeemable Preference Shares.[36]

In October 2023, Malaysian online news portal Free Malaysia Today claimed a "local entrepreneur" was close to launching a takeover bid for MYAirline, claiming that "town hall" meetings have already been held with the incoming owner.[37] Media reports have suggested that Abang Abdillah Izzarim Abang Abdul Rahman Zohari, a businessperson and commercial pilot who is the son of current Sarawak Premier Abang Abdul Rahman Johari Abang Openg, may be the new owner, claiming that he was sighted at one of MYAirline's "town hall" sessions, though this has been denied by sources close to the Sarawak Government.[38][39].
submergedx
post Oct 12 2023, 07:58 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(mashagane @ Oct 12 2023, 07:54 AM)
I heard that TT mcm got share in MyAirline. And their plane is actually rented from AA. But then this is just rumor la not sure true or not
*
No he dont have.
submergedx
post Oct 12 2023, 08:12 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
https://www.nst.com.my/news/nation/2023/10/...oblems-ministry

Already got hint lehhhhh
QUOTE
It was also believed that staff salaries were also not paid on time for several months.


CEO still nice heart, can work until last min baru cease operation
TOPKEK
submergedx
post Oct 12 2023, 08:14 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(MegaCanonF @ Oct 12 2023, 08:13 AM)
last minit suruh cari alternative travel arrangements..diu
*
Imagine those stranded at airports.....seriously kesian
submergedx
post Oct 12 2023, 08:28 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(ciwi1166 @ Oct 12 2023, 08:25 AM)
what is this myairline will be about? laugh.gif
*
Out of funding, compani tak da duit, no duit pay salary, no duit lease airport
submergedx
post Oct 12 2023, 08:32 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
https://www.bnm.gov.my/-/ea-pn-20230901

Shareholder companies getting raided because money laundering, no more hot cash flow in.
submergedx
post Oct 12 2023, 09:27 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(kurangak @ Oct 12 2023, 09:09 AM)
Gg my wife flight to sabah next week is myairlines laugh.gif

Told her to take airasia she dont want. Now dunno wat to do
*
Got insurance can claim, no insurance burned d lo, repurchase ticket.
submergedx
post Oct 12 2023, 09:29 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(bereev @ Oct 12 2023, 09:11 AM)
hailt liao Anthony Loke kena again semua salah DAP
something is political attacking behid DAP when we all know near to Cabinet reshuffle

very fishy who can call business ppl come attack DAP , just week ago business association attach Penang chief, cannot run out of long time control party Gerakan MCA holding jand behind?
*
betul betul otak timun
submergedx
post Oct 12 2023, 10:29 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(Clement1001 @ Oct 12 2023, 09:37 AM)
Big loser from this Bapa scammer

1)Investors
2)Kakitangan MyAirlines
3)Those that bought ticket
*
There is no investors. The only shareholder are the bapa scammer(98%) & CEO(2%).
submergedx
post Oct 12 2023, 10:30 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(kitt2000 @ Oct 12 2023, 10:18 AM)
Anyone manage to get their refund ???
*
Sorry to say but, CEO, staffs all sudah takda, i dun think refund is a thing now.
submergedx
post Oct 12 2023, 10:32 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(kevintth @ Oct 12 2023, 10:24 AM)
Can I ask CC to cancel payment for last week flight purchase? Tell them fraud use? Possible or not?
*
Please try and let us know
submergedx
post Oct 12 2023, 10:38 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(homicidal85 @ Oct 12 2023, 10:34 AM)
MYairline founded: January 11, 2021

PRU15: November 19, 2022

"This all about madani image to look good."

user posted image
*
2021 ZAFRUL:
2022 ZAFRUL:
2023 ZAFRUL:

user posted image
submergedx
post Oct 12 2023, 10:56 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(homicidal85 @ Oct 12 2023, 10:45 AM)
i didnt know zafrul was already working for PMX and the madani gomen in 2021 almost a full 2 years before anwar got elected an coined the term madani. PN pipul mmg power putar belit alam.
*
chill your tits
i did reply to TS as well

QUOTE(submergedx @ Oct 12 2023, 07:50 AM)
MYAirline....Madani? apa mengenaan?
*
submergedx
post Oct 12 2023, 11:06 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(cablesguy @ Oct 12 2023, 10:55 AM)
Questions is, how can a person with so many questionable companys allowed to start and operate an airline, an industry thats tightly regulated? And still walking free i presume, mesti banyak pagar protecting.
*
This issue actually not very hard.
The main reason they suspend is because they are running out of fund.

By logically, they still can operate back once the fund back in, where rumours that will takeover by Sawarak Abg Jo's son.
Currently the company not yet bankrupt, but i guess soon to be la, since all has discovered the main stakeholder are ponzi scheme.
Nobody are confident with it even some other company take over.

The operations/management has zero issue, as you see many ktards had flight experience with them, has credit them, of course not a perfect low cost carrier.
They just having a cash flow issue, which unable to pump from main stakeholder.


submergedx
post Oct 12 2023, 11:19 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(cablesguy @ Oct 12 2023, 11:09 AM)
Still doesnt answer how a director of a company fined and iinm blacklisted by no less than BNM be allowed to own an airline. Well Malaysia boleh, and end up rakyat suffer.
*
He is not.

QUOTE
The overall operations and growth of our airline is spearheaded by Chief Executive Officer and Director, Rayner Teo Kheng Hock.


Rayner Teo Kheng Hock has only 2% in MYAirline.
The rest 98% goes to Goh Hwan Hua, via two private entities, Zillion Wealth Bhd. (88%) and Trillion Cove Holdings Bhd(10%).

Rayner has never related to any ponzi. He is the scapegoat here.
And the ponzi has never proved, until last month BNM fining them.

True, rakyat are always the one who need to suffer, no matter ponzi or airline linkup.
submergedx
post Oct 12 2023, 11:20 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(gaviscon @ Oct 12 2023, 11:18 AM)
Even if they restart, how dare to buy tickets from them? reputation gone.
and nobody wants to be associated with a ponzi scammer.
*
yes. That's why CEO resigns, and all team disappear.
submergedx
post Oct 12 2023, 11:21 AM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
QUOTE(kevintth @ Oct 12 2023, 11:20 AM)
I just called MBB and tell them... they said cannot since already charge to my statement. Ask me called MyAirline  doh.gif
Or submit dispute form and require at least 65 days for investigation. lol
Whoever take over.. just refund the money first and restart new name bah
*
Nobody would buy rubbish to be honest. Even it was bought, must have agenda behind this ceiling shit.
submergedx
post Oct 12 2023, 04:05 PM

Regular
******
Senior Member
1,128 posts

Joined: Jun 2015
Kesian abang Jo laugh.gif laugh.gif laugh.gif

QUOTE(ZeroSOFInfinity @ Oct 12 2023, 03:58 PM)
Got rumours company already in deep shit for quite a while, and that they been looking for potential buyers to bailout the company. The son of Bumi Kenyalang head actually interested to purchase, but when saw the finance books, he terus pull out the deal after discovering how shit the situation was.

If you think Rayani Air was bad, wait till you hear MYAirlines.
*
QUOTE(premier239 @ Oct 12 2023, 03:05 PM)
KUCHING (Oct 12): Sarawak Premier Tan Sri Abang Johari Tun Openg has denied a recent media report that said his son Abang Abdillah Izzarim would become a new investor of MYAirline Sdn Bhd, the carrier which has suspended its operations due to financial problems from Thursday.

Speaking to reporters here on Thursday, Abang Johari said the report by the media outlet might be due to the presence of Abang Abdillah in the company’s dialogue event in Kuala Lumpur recently.

"No. What happened was that my son went there with his friend, and he attended the town hall session at that time. So they (the media) speculated [after] seeing [him] there.

"My son is put in a difficult position. All his [movements] are being scrutinised by the people. I think this is not fair," he said.

Abang Johari also dismissed the report on the possibility of MYAirline becoming a Sarawak-owned airline, insisting that the state government is still focused on negotiations to acquire MASWings, a subsidiary of Malaysia Airlines Bhd.

"We are focused on [the acquisition of] MASWings. [The takeover is] under negotiation now, and it is just about the details. That's all," he added.
https://theedgemalaysia.com/node/685852
*

 

Change to:
| Lo-Fi Version
0.0251sec    0.50    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 07:14 AM