AirAsia incorporate’s new subsidiary in Thailand

Sep 18, 2018Updated May 26, 20251 min read

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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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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