AirAsia Incorporates New Subsidiary For Airport Services - Aviation News@Bernama.com
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AirAsia Incorporates New Subsidiary For Airport Services

September 25, 2017 19:20 PM E-mail this news to a friend Printable version of this news

KUALA LUMPUR, Sept 25 (Bernama) -- AirAsia Bhd has incorporated a wholly-owned subsidiary, Ground Team Red Holdings Sdn Bhd (GTRH), a private limited company, intended for investment holding activities of its airport services businesses.

In a filing to Bursa Malaysia today, AsirAsia said GTRH had an initial issued and paid-up share capital of RM2 comprising two ordinary shares of RM1 each and currently has two directors ? Pattra Boosarawongse and Anajuk Chareonwongsak.

It added the incorporation of GTRH was not expected to have any immediate effect on the issued and paid-up share capital or substantial shareholders' shareholdings of AirAsia.

-- BERNAMA


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