EPF to meet AirAsia over dispute with MAHB

Tunku Alizakri(pic) said the optimism was based on market performance and contribution growth during the period as well as the introduction of new schemes for its existing contributors.

KUALA LUMPUR: The Employees Provident Fund (EPF) has confirmed that it has written to AirAsia Group Bhd and Malaysia Airports Holdings Bhd over their feud.

The public spat between both companies got the EPF concerned, as it is a major shareholder in both AirAsia and MAHB.

EPF CEO Tunku Alizakri Alias said AirAsia will meet up with the fund "very soon" about the issue.

"We are still waiting for MAHB's response.

"Just like any investor, we are very concerned that the spat has actually been brought out to public. This is just not just bad for the two organisations but also for Malaysia as a whole.

"When you think about it, these are among the two biggest counters and the face of Malaysia," said EPF CEO Tunku Alizakri Alias.

He was speaking to reporters after a media briefing on EPF's 2018 performance here Monday.

He added that EPF is in no position to arbitrate between the two companies and hoped that they will be able to resolve their issues soon.

MAHB filed a lawsuit against AirAsia Bhd and AirAsia X Bhd in December lat year over outstanding airport tax collection of RM36mil.

In its counterclaims against MAHB, the budget airline sought more than RM400mil over losses and damages experienced by AirAsia and AirAsia X due to alleged operation disruptions at klia2.