AirAsia buying 40% stake of Tune Money, plans IPO in 5 years

By Joseph Chin

KUALA LUMPUR: AirAsia Bhd is buying a 40% stake in Tune Money Sdn Bhd for RM10mil cash consideration to leverage on the booming online transactions with plans to list the latter in about five years.


The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News
Alibaba, Abu Dhabi back AI startup MiniMax’s IPO
Foreign investors dump bonds amid rupee slide
NCT Alliance gets nod for acquisition
Beijing issues early 2026 investment plan�
Nor Zahidi continues as MPC member
Stronger outlook for card payments until 2029
Fini boss forecasts huge increase in nickel demand
Johor data centre water demand to accelerate
Official reserve assets total US$124bil, says BNM
KKR bid to take Yomeishu private is derailed by top shareholder

Trending in Biz News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.