Air Asia Group CEO Tan Sri Tony Fernandes delivers a speech in Kuala Lumpur August 30, 2019. — Picture by Firdaus Latif
His remarks came as AirAsia revealed its plans to raise capital, following its external auditor Ernst and Young’s assessment yesterday which doubted the group’s ability to continue as a going concern, resulting in a sharp drop of AirAsia’s shares. On the group’s joint ventures in Japan and India, the chief executive officer dismissed any speculation that it might pull out of them, as both countries are still promising and no plans have been made to withdraw from those markets.
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