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ARTICLE · 11 APRIL 2016

Malaysian Airline System Berhad

The Administrator is empowered under the MAS Act to prepare a proposal with respect to the Administered Companies or any claims and liabilities against the Administered Companies.

MalaysiaTransport
Yip Jia Hui
Yip Jia Hui

The Malaysian Airline System Berhad (Administration) Act 2015 ("MAS Act") came into effect on 20 February 2015. The legislation will be in force for a period of 5 years from the date of coming into operation or until the listing and quotation of the shares of Malaysia Airlines Berhad ("NewCo") on the official list of Bursa Malaysia Berhad, whichever is earlier.

The MAS Act provides special laws for the administration of Malaysian Airline System Berhad ("MAS"), its wholly owned subsidiary companies and its partially owned subsidiary companies which are providing goods or services or both which are essential to the operations of MAS (collectively referred to as the "Administered Companies").

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