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Name of entity
Country of
incorporation
Group’s effective
equity interest
Principal activities
2017
%
2016
%
Directly held by the Company (cont’d.)
Think Big Digital Sdn Bhd (“BIG”)
Malaysia
69.3
69.3
Financial services and managing
customer loyalty points
T & Co Coffee Sdn Bhd
ƒ
Malaysia
80
80
Trading in coffee and tea related
products
Big Pay Pte Ltd
+
(“BPPL”)
Singapore
100
–
Investment holding
RedTix Sdn Bhd (formerly known as
Rokki Media Sdn Bhd) (“RedTix”)
Malaysia
75
–
Event ticketing business
Ground Team Red Holdings Sdn Bhd
(“GTRH”)
Malaysia
100
–
Investment holding
Held by AAIL
AirAsia Inc (“PAA”)
+
Philippines
40
–*
Commercial air transport services
AirAsia Capital Ltd
Malaysia
100
100
Dormant
AirAsia Pte Ltd (“AAPL”)
Singapore
100
–
Airline operation services
AirAsia (Guangzhou) Aviation Service
Ltd Company
China
100
–
Aviation and commercial services
PT AirAsia Indonesia TBK (“AAID”)
ƒ
^ Indonesia
47.7
–
Investment holding
Held by PAA
Philippines AirAsia Inc (“PAAI”)
+
Philippines
39.5
–*
Commercial air transport services
Asiawide Airways Inc
+
Philippines
100
–*
Dormant
Held by AAID
PT Indonesia AirAsia (“IAA”)
+
Indonesia
48.3
–*
Commercial air transport services
12. Investment in subsidiaries (cont’d.)
The details of the subsidiaries are as follows: (cont’d.)
[ ]
285
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS