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AirAsia to sell 32.67% stake in its Indian operations for RM153 mil

AirAsia to sell 32.67% stake in its Indian operations for RM153 mil

Unpaid brand licence fees payable by AirAsia India to AirAsia Bhd under a December 2019 deal will be waived. PETALING JAYA: AirAsia Group Bhd plans to sell 32.67% of its stake in AirAsia India to Tata Sons Pte Ltd for US$37.7 million (RM153 million), Reuters reported. In a filing with Bursa Malaysia today, it said that the sale would allow the company to...

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AirAsia AirAsia Group Bhd AirAsia India Bursa Malaysia JAYA Southeast Asian