Views Article – Sharenet Wealth

Asia, News

AirAsia Says It Has Been Presented With Proposals To Raise Capital

June 4 (Reuters) – Airasia Group Bhd:

* PRESENTED WITH PROPOSALS FOR CO TO RAISE CAPITAL TO STRENGTHEN ITS EQUITY BASE AND/OR LIQUIDITY

* CO HAS ONGOING DELIBERATIONS WITH NUMBER OF PARTIES FOR JOINT-VENTURES & COLLABORATIONS

* PROPOSALS FROM A NUMBER OF INVESTMENT BANKERS, LENDERS AS WELL AS POTENTIAL INVESTORS

* CURRENTLY EVALUATING PROPOSALS, MAY SOON REACH DECISION AS TO FINAL FORM AS WELL AS THE AMOUNT TO BE RAISED

* PROPOSALS FOR CO TO RAISE CAPITAL TO HELP CO WEATHER STORM CAUSED BY COVID-19 PANDEMIC Source text https://bit.ly/3h2wSoG Further company coverage:


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