MAS AirAsia Story - The LCCT was built like a warehouse but with the costs of five stars hotel. Remember Syarikat Fajar Builder Sdn Bhd, from REMBAU?

Tony says NO to aerobridges, MAHB & Khazanah say YES Sir!

WEE CHOO KEONG

When Tony snapped his fingers and say no to aerobridges, Tan Sri Bashir of MAHB had to also kow tow. Even Khazanah was in total silence.

 

 

After all, a year or two after the inception of AirAsia, MAHB had to rush to build LCCT and a few year later renovating it costing more than RM200 million just to accommodate AirAsia. Of course, this was during the honeymoon years after 2003 where everything in the nation was in SLEEPING MODE and Tingkat Empat was calling the shots.

No wonder Khazanah had to say yes to the dirty share swap, which was hatched in absolute secrecy. Presumably, Khazanah had to also say “YES SIR” and quickly take up the 10% share in AirAsia Sdn Bhd, a private limited company with a debt of almost RM90 million, in HERE.

 

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