KUALA LUMPUR: AirAsia Consulting is planning further engagement with International Finance Corp (IFC) which is mandated to advise the Sri Lanka government on the divestiture of SriLankan Airlines Ltd.
The consultancy was responding to the latest news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking to reduce losses incurred by government-owned enterprises under a US$2.9 billion (RM13.8 billion) International Monetary Fund (IMF) programme.
AirAsia Consulting CEO Subashini Silvadas said as per consultancy’s mandate, it was involved in the request for qualification (RFQ) process for SriLankan Airlines.
“Currently, it is in the prequalification stage, and no purchase price bid or cash was involved,” she told Bernama.
If selected, she noted that prequalified bidders will be given the opportunity to conduct due diligence on SriLankan Airlines.
“Nevertheless, we are bound by confidentiality…
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