AirAsia denies it plans HK listing, China venture

PETALING JAYA: AirAsia Bhd has denied plans for a dual listing in Hong Kong and a joint venture in China.
In a filing with Bursa Malaysia Securities yesterday, the airline said a dual listing is not an option that AirAsia is formally considering at the moment.

“In any event, such an exercise could not be undertaken without the proposal being deliberated by the board or without prior consideration of the various regulatory and commercial aspects on the matter. None of which has been undertaken thus far,” it said in its filing with the regulator in response to news reports on the matter.
On a new joint venture in China, AirAsia said it is not pursuing any such proposals as it is focusing on launching AirAsia Japan as well as strengthening its existing joint-venture airline operations within Asean and India.