BIDS for AirAsia Bhd shares have begun pouring in, and the early bids are said to be at about RM1.30 a share, mostly from local institutional funds that an AirAsia senior team met with last week.
Yesterday, the team and AirAsia's advisers met over 40 fund managers and institutional investors in Singapore. About the same number is likely at another session today, which Templeton Emerging Markets Fund’s Mark Mobius is expected to attend.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
