Tuesday 13 December 2011

AirAsia denies delay in Indonesia listing

AirAsia Bhd group chief executive officer Tan Sri Tony Fernandes has denied that AirAsia Indonesia's initial public offering will be delayed.

"Indonesian communications staff misqouted. Indonesian IPO exactly on schedule," he tweeted earlier today without giving details.

Earlier this year, AirAsia Indonesia had targeted a fourth quarter listing, which ends in less than three weeks.

Fernandes went on to say that the affiliate to go for IPO first will be Thailand followed by Indonesia.

"Both companies doing extremely well," he said.



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