Asia/Pacific

AirAsia X secures $250 million private placement as it nears 'final stage' of company restructuring

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AirAsia X secures $250 million private placement as it nears 'final stage' of company restructuring

AirAsia X has secured a 1bn Malaysian ringgit ($247 million) private placement at 1.65 ringgits per share today (January 13). The placement was fully subscribed by a “broad mix” of institutional and private investors. The company said this reflects “strong support” as it enters the final st...

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