KUALA LUMPUR: Maybank Investment Bank Bhd will be the stabilising manager for the initial public offer (IPO) of AirAsia X Bhd
on the Main Market of Bursa Securities.
It said on Tuesday the maximum period for the price stabilisation would be the earlier of 30 days from the start of trading of the shares; or when the stabilising manager has bought 118.518 million shares, representing up to about 15.0% of the total number of shares offered under the IPO.
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