AirAsia may consider listing Malaysian business

AirAsia may consider listing the Malaysian business in future, its group CE said Monday. "I just don't want to close anything else and any venture out right now," Tony Fernandes said without elaborating on listing details. "The one reason we may do a small offering on Malaysia is just to ascribe value to (make it) easily understood." AirAsia is seeking to list its units in Southeast Asia under a single holding company as well as sell some of its non-core assets and stake in joint ventures to monetise select investments. The company has recently announced a plan to transfer its listing to a new holding company. Under the proposed corporate rejig, AirAsia Group will assume the listing of AirAsia with Fernandes continuing to helm the company as the group CE for the soon-to-be-listed entity. <br/>
Nikkei
https://asia.nikkei.com/Business/AC/AirAsia-may-consider-listing-Malaysian-business
1/8/18