Listing of Thai AirAsia to take 3-4 more months - AirAsia CEO

Listing of Thai AirAsia to take 3-4 more months - AirAsia CEO

(File photo supplied)
(File photo supplied)

The process of listing Thai AirAsia on the Stock Exchange of Thailand will take about three to four more months, AirAsia Group CEO Tony Fernandes told reporters on Wednesday.

"That's being run by Bangkok Bank and is progressing quite nicely," he said when asked about listing plans of its Thai unit. "Take about three, four more months." 

In a separate interview with Reuters, Fernandes on Wednesday said AirAsia Group Bhd is considering a listing of its digital arm via a special-purpose acquisition company (SPAC) in the United States to raise at least $300 million.

 

A few SPACs focused on technology have approached Malaysia's budget airline, he said, and the group has engaged auditors for the deal.

 

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