UOB Kay Hian expected a 1-for-1 rights issue priced at about 50 per share or a mixture of rights issue and convertible debt.
PETALING JAYA: AirAsia Group Bhd is considering a rights issue, debt financing and even a private placement to raise more capital until air travel demand picks up.
The group is also actively exploring other potential monetisation opportunities including hiving off part of its digital business as raising cash is vital for its survival.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
