You are here

AirAsia falls further amid fresh accounting-method concerns

AllianceDBS questions its depreciation policy; airline chief rubbishes GMT report

Hong Kong-based GMT Research has questioned whether AirAsia had understated the losses of its associate companies.

Kuala Lumpur

SHARES of AirAsia continued to come under selling pressure on Tuesday amid concerns its accounting treatment might be misleading even as the budget airline's founder, Tony Fernandes, took to assuring investors such misgivings were unfounded.

Having plummeted by about