Thai Airasia Ceo Buys 36.3% Stake In Asia Aviation
58 views · Published 28 December 2017 · 0:59 · Indexed 4 November 2026
Channel: 7Edition · 2017 · News & Politics
Thai AirAsia Co Ltd chief executive officer (CEO), Tassapon Bijleveld has bought back 36.3 5 of the shares in Asia Aviation PCL for 8.279 billion Baht (RM1.03 billion) from King Power Group chairman, Vichai Srivaddhanaprabha and his family. Asia Aviation owned 55% interest in Thai AirAsia, and following the transaction, Tassapon’s stake in the company grew to 41.3% from five per cent previously. In a note, the Centre for Aviation (CAPA), said Srivaddhanaprabha and his family bought their stake in the company for 7.9 billion Baht last year. Tassapon was reported as saying that the acquisition would allow him to better realise the airline’s vision and direction. Meanwhile, AirAsia Berhad Group CEO Tan Sri Tony Fernandes, in his official twitter account said ”Big day for AirAsia as we move towards Asean and one company."
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