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Sovereign Wealth Funds Briefing - Categorized | Investment, People

Up to Khazanah to purchase 10 pct stake in AirAsia X

Posted on 20 September 2011

It is all up to Khazanah Nasional Bhd whether to buy the 10 per cent stake in AirAsia X Sdn Bhd, said AirAsia X chairman, Tan Sri Rafidah Aziz. “It is up to them, it is their decision. They know our record, they know our future strategy, and they know where we are going,” said Rafidah to reporters on the sidelines of the World Women Economic Forum here yesterday.
“I think they should base (the decision) on whatever the evaluation done by the analyst. She was asked on Khazanah’s stand saying that it would acquire the 10 per cent share in AirAsia X only after getting more clarity not only on the financial and business model of the company but would also look at the timing……………………………………….Full Article: Source


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