Raising cash: An AirAsia passenger jet is seen in Kuala Lumpur. The airline has fixed the issue price for the first tranche of its private placement at RM0.675 per placement share to raise RM250mil. ─ Reuters
PETALING JAYA: AirAsia Group Bhd may need to go through another few rounds of fund-raising exercises to raise cash for its operations.
However, MIDF Research said the fundraising will expose its current shareholders to more potential dilution in the future.
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