AirAsia | Equity issue | 01-17 | MR1.01bn

AirAsia Bhd has completed the long-awaited issuance of 559 million shares to its group chief executive officer Tan Sri Tony Fernandes and executive chairman Datuk Kamarudin Meranun for RM1.01 billion. (($224 million). More than half of the money raised will help to partially pay off loans, as...

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