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Sovereign Wealth Funds Briefing - Categorized | Investment

Khazanah seeks more clarity on AirAsia X deal

Posted on 15 September 2011

Khazanah Nasional Bhd is waiting for more clarity on the financial and business model of AirAsia X before it agrees to acquire a 10% stake in the airline.
“We are interested in the 10% stake in AirAsia X, but we need more clarity on their plans, their timeline and how they want to evolve, when there will be an initial public offering (IPO), and also on the business model,” Khazanah managing director Tan Sri Azman Mokhtar said……………………………………….Full Article: Source


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