AirAsia transfers non-airline businesses to digital venture arm

AirAsia transfers non-airline businesses to digital venture arm

FILE PHOTO: AirAsia Group CEO Tony Fernandes speaks during a news conference at AirAsia headquarters in Sepang, Malaysia December 13, 2017. REUTERS/Lai Seng Sin

Malaysia-based budget carrier AirAsia Group Bhd will transfer its digital businesses to Redbeat Ventures, its wholly-owned subsidiary and digital venture arm, it said in a filing with Bursa Malaysia on Monday.

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