March 20 (Reuters) - Airasia Group Bhd AIRA.KL :
* AIRASIA GROUP BHD - UPDATES ON FINDINGS OF INDEPENDENT
INTERNAL
INQUIRY CONDUCTED BY BDO GOVERNANCE ADVISORY
* AIRASIA- BDO FOUND TWO EXECUTIVES HAD PROPERLY DISCLOSED
INTERESTS TO BOARD OF AAB AND ABSTAINED FROM DISCUSSIONS
RELATING TO SAID SPONSORSHIPS
* AIRASIA-BDO FOUND CO'S AIRCRAFT PROCUREMENT PROCESS
ROBUST;
PROCESS WAS COMPLIED WITH & AIRCRAFT ACQUISITION JUSTIFIABLE &
AT PRICES FAVOURABLE TO CO
* AIRASIA- BDO FOUND AAB'S SPONSORSHIP OF SPORTS TEAM WAS
APPROVED
IN COMPLIANCE WITH ITS PROCEDURES
* AIRASIA GROUP BHD - BDO'S REPORT PRESENTED TO AND ACCEPTED
BY
BOARD
* AIRASIA- ARISING FROM THIS, BOARD HAS RESOLVED TO
REINSTATE EXEC
POSITIONS OF ANTHONY FRANCIS FERNANDES AND KAMARUDIN BIN MERANUN
Further company coverage: AIRA.KL