KUALA LUMPUR -- Malaysia's Capital A, the parent company of AirAsia, has revived its plan to list one of its subsidiaries on Nasdaq next year as part of the group's growth strategy after a major restructuring, CEO Tony Fernandes said Thursday.
Transportation
AirAsia parent Capital A revives Nasdaq IPO plan for subsidiary
Listing process comes as Malaysian group nears exit from financially distressed status
Capital A CEO Tony Fernandes speaks during a press conference in Kuala Lumpur on Oct. 30. (Photo by Norman Goh)
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