Triple Seven
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Posts: 518
Joined: Fri Apr 07, 2000 10:04 pm

AirAsia Update

Thu Jun 26, 2003 2:10 pm

From TheStar:

AirAsia will announce its new foreign investors at the signing of its shareholders agreement on Friday, a company statement said.

The discount airline’s chief executive officer Tony Fernandes has said the agreement with the new investors to take up to 30% of AirAsia is worth more than US$30mil. The signing ceremony is expected to commence at 3.45 pm.

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