AirAsia Reportedly Evaluating Options To Raise Capital
Credit: AirAsia
SINGAPORE—Southeast Asia’s largest LCC AirAsia Group is reportedly looking to sell 10% of its equity to South Korea’s SK Group to raise funds as the ongoing COVID-19 crisis impacts cashflow. Malaysian newspaper The Star suggested that AirAsia is hoping to raise MYR334.2 million ($78.2 million) by...
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