Reference is made to the Company’s announcement dated 4 February 2016 in relation to the Competition Appeal Tribunal’s decision in favour of AirAsia Berhad, a wholly owned subsidiary of Capital A, against the RM10 million fine imposed by MyCC and to the announcement dated 10 February 2022 in relation to the decision of the Federal Court dated 9 February 2022 (“Decision”) in dismissing the application made by MyCC for leave to appeal against the Court of Appeal’s decision.
Reference is also made to the Company’s announcement dated 14 October 2022 in relation to an application of review filed by MyCCC vide Civil Application No.: 08(R)-14-10/2022 (W) pursuant to rule 137 of the Federal Court Rules 1995 before the Federal Court to review the Federal Court decision dated 9 February 2022.

(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the aforesaid announcement.)
AirAsia Berhad welcomes the decision of the Federal Court on 1 November 2023 in dismissing MyCC’s application of review vide Civil Application No.: 08(R)-14-10/2022 (W)) pursuant to rule 137 of the Federal Court Rules 1995 before the Federal Court to review the Federal Court decision dated 9 February 2022. The Federal Court concluded that MyCC has failed to meet the threshold to review under rule 137 of the Federal Court Rules 1995 and unanimously dismissed the Review Application with cost for the amount of RM 50,000.00 being awarded to AirAsia Berhad.

With the dismissal of the application, MyCC’s decision which carried a RM10 million fine against AirAsia Berhad remains overturned.

This announcement is dated 1 November 2023.