AirAsia Philippines to Go Public

The Philippine and Indonesia units of low cost carrier AirAsia Berhad of Malaysia are set to go public to raise much needed funds to finance their respective expansion programs.

In his Twitter account @tonyfernandes, AirAsia founder Tony Fernandes confirmed that AirAsia Indonesia and AirAsia Philippines would pursue an initial public offering (IPO).

Read More

Source: The Philippine Star

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.