AirAsia incorporate’s new subsidiary in Thailand
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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
Questions & Answers
Q.What is the primary purpose of AirAsia Group (AAGIHQ) Ltd, AirAsia's new subsidiary in Thailand?
What is the primary purpose of AirAsia Group (AAGIHQ) Ltd, AirAsia's new subsidiary in Thailand?
The new subsidiary, AAGIHQ, is established to provide consultation and various services to AirAsia Group Bhd's existing subsidiaries and associated companies. This aims to support their operations within the region.
Q.What is the financial structure of the newly incorporated subsidiary, AAGIHQ, in Thailand?
What is the financial structure of the newly incorporated subsidiary, AAGIHQ, in Thailand?
AAGIHQ has a total issued share capital of THB20.0 million, which is approximately RM2.5 million. AirAsia Group Bhd holds the vast majority of shares, specifically 199,997 out of 200,000 ordinary shares.
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