AirAsia X wants SC action against GMT Research's ‘misleading statements’


AAX said GMT had accused the long-haul budget carrier, among others, of practising or allowing profit shifting between AirAsia Bhd and AAX by way of transfer pricing of the service fees and costs charged by AirAsia.

SEPANG: AirAsia X Bhd (AAX) has lodged an official complaint with the Securities Commission (SC) against GMT Research and seeks the regulator’s appropriate action against the research house for various misleading statements and allegations.

AAX said GMT had accused the long-haul budget carrier, among others, of practising or allowing profit shifting between AirAsia Bhd and AAX by way of transfer pricing of the service fees and costs charged by AirAsia.

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