AirAsia Bhd Q3 Nov 29
PETALING JAYA: AirAsia Bhd completed the corporate exercise between its ground handling unit and that of Singapore’s SATS Ltd (SATS), a move that will see the low cost carrier realise some RM360.29mil (S$119.3mil).
Under the exercise, AirAsia’s Ground Team Red Holdings Sdn Bhd (GTRH) will acquire a 80% stake in SATS Ground Services Singapore Pte Ltd.
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!
