Friday, January 14, 2011

Foreign shareholding in AirAsia rises to 51.55%

KUALA LUMPUR: The foreign shareholding of AIRASIA BHD [] increased to 51.55% of its paid-up share capital of 2.77 billion shares as at DEc 30, 2010.

The low-cost carrier said on Friday, Jan 14 that this was an increase of 3.48% from the 48.07% as at June 30.

"The percentage of ownership of shares in the company by foreigners has exceeded the limit of 45% of the company's total issued and paid-up share capital," it said.

AirAsia said shares held by foreigners which exceeded the prescribed limit would be entitled to all rights and entitlements attached to the shares except for the exercise of voting rights.


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