AirAsia falls on delay in unit's IPO

AirAsia Bhd, Malaysia’s biggest budget carrier, fell in Kuala Lumpur trading after Agence-France Presse reported that it will delay the listing of its Indonesia unit until next year due to global economic conditions.

The stock fell 2.1 percent to RM3.71 at 9:07 a.m. local time. -- Bloomberg



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