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SATS Ltd (SATS.SI)

SATS.SI on Stock Exchange of Singapore

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11 Dec 2017
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Tue, Oct 31 2017

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AirAsia to sell more stakes in non-flying businesses to fund dividends

SINGAPORE AirAsia Bhd on Tuesday said it plans to sell more stakes in non-flying businesses to fund special dividends to shareholders, after announcing a new ground handling joint venture (JV) with Singapore's SATS Ltd .

UPDATE 1-AirAsia to sell more stakes in non-flying businesses to fund dividends

* Sales will fund special dividends: CEO (Adds analysts' estimate for special dividend, share price rise)

AirAsia to sell more stakes in non-flying businesses to fund dividends

SINGAPORE, Oct 31 AirAsia Bhd on Tuesday said it plans to sell more stakes in non-flying businesses to fund special dividends to shareholders, after announcing a new ground handling joint venture (JV) with Singapore's SATS Ltd.

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