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Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Affin Investment Bank

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AirAsia Bhd Announces Formation Of Wholly Owned Subsidiary

Wednesday, 8 May 2013 05:10am EDT 

AirAsia Bhd announced that it has on May 08, 2013 incorporated a subsidiary company known as AirAsia Global Shared Services Sdn. Bhd. (Company No.: 1045172-A) (AGSS) (the Formation), a private limited company with its registered office situated at B-13-15, Level 13, Menara Prima Tower B, Jalan PJU 1/39, Dataran Prima, 47301 Petaling Jaya, Selangor Darul Ehsan. The objective of establishing AGSS is to provide shared business, support and outsourcing services, develop or use multimedia technologies in producing or enhancing their products and services, and for process development and provision of training. The authorised share capital of AGSS is MYR100,000.00 divided into 100,000 ordinary shares of MYR1.00 each. The issued and paid-up capital of AGSS is MYR2.00 only comprising two ordinary shares of MYR1.00 each. For the purpose of incorporation, AirAsia subscribed to one ordinary share of RM1.00 and Cik Aireen Omar subscribed to one ordinary share of MYR1.00. Cik Aireen Omar will be transferring one ordinary share of MYR1.00 held by her to AirAsia, thus making AGSS a wholly-owned subsidiary of AirAsia. 

Company Quote

-0.05 -1.98%
19 Sep 2014