PETALING JAYA : AirAsia Bhd is buying a 40% stake in Tune Money Sdn Bhd for RM10mil cash to leverage on booming online transactions,with plans to list the latter in about five years.
The low-cost carrier said it had signed a shareholders’ agreement with Tune Money International Sdn Bhd and Tune Money to buy 54 million new 10-sen shares in the enlarged paid-up of Tune Money.
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