<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 24): AirAsia Bhd shares saw a trading volume of 11.6 million shares this morning, as the airline denied any wrongdoing in a US$3.2 million graft investigation, involving engine maker Rolls-Royce plc in the UK.</p></div>

<div class=newsTextDataWrapInner><p>Its shares were up as much as 6 sen or 2.5% this morning to RM2.50.</p></div>

<div class=newsTextDataWrapInner><p>AirAsia was responding to UK-based Financial Times (FT) that quoted findings in a civil suit alleging Rolls-Royce failed to prevent its staff from bribing an AirAsia executive with a US$3.2 million discount for the maintenance of a private jet.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“We wish to state that at all material times, AirAsia has had no dealings or transactions with Rolls-Royce and has no knowledge of any matter mentioned in the article,” the group said in its filing to Bursa Malaysia yesterday.</p></div>

<div class=newsTextDataWrapInner><p>AirAsia said in terms of the Bombadier Global Express corporate jet owned by Caterhamjet Global Ltd, it went through due process and had obtained the necessary approval on the transaction from the company’s audit committee.</p></div>

<div class=newsTextDataWrapInner><p>At 11.05am, AirAsia shares were up 2 sen (0.82%) to RM2.46, for a market capitalisation of RM6.8 billion.</p></div>


KUALA LUMPUR (Jan 24): AirAsia Bhd shares saw a trading volume of 11.6 million shares this morning, as the airline denied any wrongdoing in a US$3.2 million graft investigation, involving engine maker Rolls-Royce plc in the UK.

Its shares were up as much as 6 sen or 2.5% this morning to...

AirAsia actively traded as group denies wrongdoing in graft case

Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).

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Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.

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Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.

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Indonesia will permanently relocate the entire population of an island in North Sulawesi province because a volcano is threatening their safety.

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The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.

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The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.

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The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.

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The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.

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Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.

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A training aircraft crashed in the Besout 2 Tambahan plantation area in Sungkai on Saturday.

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<p>Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).</p>


<p>The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.</p>


<p>The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.</p>


<p>Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.</p>


<p>The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.</p>


<p>Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.</p>


<p>Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.</p>


<p>The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.</p>
