Aviation: probe into MAS / AirAsia transactions

Bursa Malaysia (formerly the Kuala Lumpur Stock Exchange) and the Securities Commission are looking into certain transactions, a minister told Parliament in answer to a written question.

He also said that there were no circumstances that suggested that an anti-corruption investigation should be mounted.

The deal was a private share swap, negotiated out of the public eye and therefore no advance notice to the KLSE would be required, the minister said. Indeed, the announcement of a significant deal took industry watchers by surprise.