KUALA LUMPUR: AirAsia Bhd’s initial public offering (IPO) in Indonesia has been delayed to the fourth quarter of this year or the first quarter next year, group chief executive officer Tan Sri Tony Fernandes said.
“The IPO is still in the process of getting all the regulatory approvals and getting the book right, and this is taking a bit of time,” he told reporters after being interviewed by the Business FM radio yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!