Aimia Group to swap stake in Biglife for RM103mil new shares in AirAsia


KUALA LUMPUR: A fund linked to Toronto-listed Aimia Group, an investment company. is selling its 20% equity interest shares in Biglife Sdn Bhd for a direct stake in AirAsia Group Bhd.

The proposed deal will give AirAsia full control of Biglife, which is involved in managing customer loyalty schemes whilst its subsidiaries are involved in the marketing and distribution of loyalty programmes.

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AirAsia , Aimia , Biglife

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