PETALING JAYA: The move to get a new investor that will provide a loan for Thai AirAsia (TAA) is positive but it may come at a cost to AirAsia Group Bhd (AAGB).
AAGB may have to recognise large previously unrecognised loss of about RM500mil in financial year 2022, exacerbating its already negative book value per share, according to Maybank Investment Bank Research.
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