Air Asia signs on as official sponsor for Kings XI Punjab
Participating in this sponsorship deal:
About Sponsor:
AirAsia Berhad is a Malaysian-based low-cost airline. AirAsia is Asia's largest low-fare, no-frills airline and a pioneer of low-cost travel in Asia.[2] AirAsia group operates scheduled domestic and international flights to over 400 destinations spanning 25 countries.
About Property:
Kings XI Punjab is a cricket team based in Mohali, Punjab. It is jointly owned by leading Bollywood actress, Preity Zinta, Wadia Group scion, Ness Wadia, Dabur’s Mohit Burman and Karan Paul. The team plays its home matches at the PCA Stadium, Mohali. Since 2010 IPL, they have been playing some of their home games at Dharamsala as well.
According to the shareholding pattern, actress Preity Zinta and industrialist Ness Wadia have 23 per cent stake each while industrialist Mohit Burman has 46 per cent, Karan Paul chairman of Apeejay-Surrendra Group and Delhi based company Root Investment have four per cent each.
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