AirAsia incorporate’s new subsidiary in Thailand

AirAsia Group Bhd has incorporated a subsidiary in Thailand named AirAsia Group (AAGIHQ) Ltd which will be providing consultation and services to the company’s subsidiaries and associate companies.

The group told the stock exchange that AAGIHQ was incorporated with a total issued share capital of THB20.0 million (approximately RM2.5 million).

AirAsia holds 199,997 ordinary shares out of the 200,000 issued share capital of AAGIHQ while three other individuals hold one ordinary share each.

The stock gained 0.97% to close at RM3.13 with 6.48million shares done

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