AirAsia X board to meet soon to pick advisers for IPO


SEPANG: Long-haul budget carrier AirAsia X has set the ball rolling for its initial public offering (IPO) exercise, as it has sent out request for proposals (RFPs) to local and international banks and will appoint advisers after a board meeting in June.

AirAsia X Sdn Bhd chief executive officer Azran Osman-Rani (pic) said the deadline for the RFPs to be submitted is next week before bankers are called in for a selection process in May.

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