Tony Fernandes disposes shares in UK football club | The Malaysian Insight

Tony Fernandes disposes shares in UK football club

Capital A Bhd chief executive officer Tony Fernandes says stepping away from Queens Park Rangers football club was a difficult decision, but it has been made with the clear determination that his time and expertise are needed elsewhere. – The Malaysian Insight file pic, July 10, 2023.

In a statement today, Capital A said this strategic move, which will allow him to concentrate his time and efforts on expanding AirAsia and Capital A’s digital businesses, aligns with his vision to drive growth and innovation in these key sectors. “Now that AirAsia is coming back in full throttle and growing again, I owe it to Allstars and our shareholders to give 100% of my focus in rebuilding the airline business and expanding digital companies to provide a tremendous value for Asean people, where there is strong demand for low-cost, high value products and services,” he said.

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