Rafidah: Purchase of 10% of AirAsia X up to Khazanah

  • Business
  • Tuesday, 20 Sep 2011

KUALA LUMPUR: It is all up to Khazanah Nasional Bhd whether to buy the 10% stake in AIRASIA X Sdn Bhd, said AirAsia X chairman Tan Sri Rafidah Aziz.       

“It is up to them, it is their decision. They know our record, they know our future strategy, and they know where we are going,” said Rafidah.

She was speaking to reporters on the sidelines of the World Women Economic Forum here yesterday.

“I think they should base (the decision) on whatever the evaluation done by analysts.”

She was asked on Khazanah’s stand that it would acquire the 10% share in AirAsia X only after getting more clarity not only on the financial and business model of the company but that it would also look at the timing.

In August this year, Khazanah proposed to acquire 10% of the shares in AirAsia X on “terms and at a price to be mutually agreed later.” — Bernama

Related Stories: Fernandes rules out MAS-AIRASIA merger MAS-AirAsia tie-up necessary Khazanah seeks more clarity on AirAsia X deal Ex-MD expresses caution over Mas-AirAsia share-swap deal

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 7
Cxense type: free
User access status: 3

What do you think of this article?

It is insightful
Not in my interest

Across The Star Online