AirAsia Group Berhad (AAGB) has announced a proposed renounceable rights issue to its existing shareholders, to raise up to RM1 billion ($238.6 million) as part of the overall Group fundraising strategy. The Proposed Rights Issue entails the issuance of seven-year Redeemable Convertible Unsecured...
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By
Dino D'Amore
8th February 2011