's entire equity stake in AirAsia Aviation Group Ltd and AirAsia Bhd for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.
"Upon completion of the transaction, the new aviation group will cover the full spectrum of short, medium, and long-haul air travel services to capitalise on growing travel demand,” it said. He said the shareholders stand to benefit from the exercise by being part of a more resilient and agile aviation group, ready to adapt and thrive in a rapidly recovering international air travel market.
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