MY Digest: Globaltec gets new investor; AirAsia to spin off e-commerce site

An investor monitors share market prices at a brokerage firm in Kuala Lumpur, Malaysia, August 24, 2015. REUTERS/Olivia Harris

Bursa-listed integrated manufacturing services provider Globaltec Formation Bhd has secured a buyer for a 51 per cent stake in its Australia-listed unit while AirAsia founder and group CEO Tony Fernandes is looking to spin off the airline’s e-commerce website.

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