KUALA LUMPUR: AirAsia Group Bhd has announced a fresh RM1bil capital raising plan, as the budget carrier targets to resume at least 35% of its flights from pre-Covid-19 capacity by the end of the year.
AirAsia, in a filing with Bursa Malaysia today, has proposed a renounceable rights issue of up to RM1.02bil in 7-year redeemable convertible unsecured Islamic debt securities (RCUIDS).
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