You are here

AirAsia plans US$300m IPO for Indonesian arm in 2016: CEO


MALAYSIAN budget carrier AirAsia Bhd is planning an initial public offering for its Indonesian affiliate in the first half of 2016 to raise about US$300 million, its group chief executive said on Monday.

AirAsia plans to sell a 30 per cent stake in the Indonesian carrier,

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom