Business as usual for Avillion


KUALA LUMPUR: Avillion Bhd continues to operate its business as usual after the company and its subsidiaries were listed as part of assets former finance minister Tun Daim Zainuddin failed to declare to the Malaysian Anti-Corruption Commission (MACC).

Avillion and its 23 subsidiaries were among the 71 assets listed in the MACC’s charge sheet against Tun Daim.

The integrated travel and hotel group, in a filing with Bursa Malaysia, said: “Avillion and its subsidiaries are governed by and in compliance with Bursa Malaysia’s Listing Requirements, Rules and Guidelines. The Avillion Group has been operating and will continue to operate as a public company.

“As such, the Avillion Group will be operating its business as usual,” it said.

Avillion closed down 16.67%, or one sen to five sen with 3.85 million shares traded.

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Avillion , MACC , Tun Daim Zainuddin

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