Malaysia's AirAsia to raise $257 mln by selling shares to founders
SINGAPORE, April 1 (Reuters) - Malaysian budget airline AirAsia Bhd has agreed to raise 1 billion ringgit ($257 million) through a share sale to its founders as part of a strategy to cut debt, one day after Reuters reported the company planned to raise funds. [Source]
Publication Date:Origin: us.feedsportal.com
Category: industrialsSector
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