Malaysian tycoon Tony Fernandes’s Capital A group is planning New York listings for both its low-cost AirAsia airline and a digital e-commerce-based “super app”, he told the Financial Times.
The company, which previously considered merging its digital businesses with a special purpose acquisition company (SPAC), was hit hard by the pandemic, prompting EY in July 2020 to question its ability to survive.
Read the full report: Financial Times
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