AirAsia Group and ADS Securities Launches FX Tune

Indobusiness - Tune Group, which is owned by AirAsia and ADS Securities Group, signed a memorandum of understanding (MoU) to provide foreign exchange (forex) through its innovative Tune FX.

Referring to the points of cooperation, the first step to be performed after the signing of this MoU Note is launching brand new group that Tune FX in September.

In a statement, Tune Group welcomes collaboration with ADS Securities. Tune Group to offer products with high quality in the field of hospitality, sports and finance.

"Through collaboration with ADS Securities, we can expand opportunity and our best service for the Asia region. We are looking forward to an innovative partnership with ADS Securities," said Tony Fernandes, founder and Executive Chairman of Tune Group, Friday (31/5/2013 ) in an email.

ADS Securities and Tune Group has a lot in common, including the desire of the spirit in an effort to improve the facilities and services to meet customer needs.

Tune Group was established in 2007 to provide services for daily activities at an affordable cost through the Tune Hotels, Tune Talk, Tune Money and Tune Insurance. Tune Group's portfolio also includes the automotive technology company Caterham Group and English football club, Queens Park Rangers (QPR).

Owner of Tune Group is a Malaysian businessman Tony Fernandes and Kamarudin Meranun, who is also the team behind the leading low fare airline in Asia, AirAsia and the Formula 1 team, Caterham. Fernandes served as CEO of the Group, while Meranun as Deputy Group CEO. Meanwhile, ADS Securities is headquartered in Abu Dhabi and is fully regulated by the Central Bank of the UAE.