KUALA LUMPUR: AirAsia Group Bhd is expected to complete its renounceable rights issue to its existing shareholders upon the listing of the redeemable convertible unsecured Islamic debt securities (RCUIDS) and warrants on Dec 31.
The exercise raised RM 974.5mil and provided a strong injection to support the overall group fundraising strategy, AirAsia said in a statement.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!