AirAsia Completes Registration Under New Name, ‘AirAsia Group Berhad’
AirAsia changed its name to AirAsia Group Berhad and 7 month 2completed registration of the new name with the Companies Commission of Malaysia (CCM). The company formalized the integration of the group and set out its goal of transitioning to a low-cost network airline.
AirAsia changed its name to AirAsia Group Berhad and 7 month 2formalized the integration of the group by completing registration of the new name with the Companies Commission of Malaysia (CCM). The decision is directly connected to the business direction publicly presented by the company.
The company completed the shareholder approval process for the name change in 6 month 25at its 19th regular general meeting held in Malaysia. The registration process proceeded after shareholder approval.
The new name is based on the existing AirAsia X Berhad (formerly AirAsia X Berhad). The company said it would integrate the entire group under the former corporate name.
According to the company’s announcement, the integration aims to expand scale and connectivity while maintaining reasonable prices and flexibility. The company explained that its goal is to become the world’s first “Low-cost Network Carrier.”
The company said it would preserve the brand’s core values while strengthening connectivity across the group’s operations and pursuing organizational integration. It said that specific route changes and plans to adjust the financial structure would be disclosed at a later date.
The registration of the new company name means that the legal procedures in Malaysia have been completed. The company said in a related disclosure that it would sequentially disclose the future integration schedule and detailed plans.
Sources: 파이낸셜뉴스 산업
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