AirAsia Shores Up Liquidity Through $82M Share Sale

Credit: Nigel Howarth / Aviation Week
AirAsia Group has raised MYR336.5 million ($82 million) following the completion of a two-tiered private share placement, part of a broader plan to raise MYR2-2.5 billion to save the struggling LCC operator which has been battered by the pandemic. The latest tranche was completed on March 17 with...

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