Well, according to
Plane talking | The Australian this story
Under the new deal, there are only two shareholders - Jetstar with 49 per cent of the business, and a Singaporean travel wholesaler, Dennis Choo, who was given financial assistance organised by Qantas.
It is suggested in that article that Qantas gave him, or organised it at arms length.... the money to 'buy' 51% of Jetstar Asia.
But another interesting connection
Mr Choo is on the board of Diethelm Keller Group, which owns STA Travel.
STA Travel, its Indonesian branch
STA Travel - Indonesia
CONTACT DETAILS
PT Tour East Indonesia
Jalan Palau Komodo no. 20
Bali
80114
Indonesia
Tel: 62 361 237 782
Fax: 62 361 231 154
Email:
[email protected],id
And if we can remember from before
Qantas owns
PT Holidays Tours & Travel Tours Indonesia 37%
So the assumption is that STA owns the rest.
And Dennis Choo, the financial benefactor of Qantas's foray into Jetstar Asia, who is on the board of Diethelm Keller Group, which in turn owns STA.
And another
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TOUR EAST (2009) SDN BHD
(formerly known as STA Travel).
Which is, as per the 2010 annual report
Tour East (2009) Sdn Bhd Malaysia 75% owned by Qantas.