AirAsia Group's rights issue undersubscribed by 14.87%


KUALA LUMPUR: AirAsia Group Bhd has received valid acceptances and excess applications for 1.1 billion redeemable convertible unsecured Islamic debt securities (RCUIDS) under its rights issue exercise.

This represented 85.13 per cent of the total RCUIDS available for subscription, RHB Investment Bank announced to Bursa Malaysia on behalf of the board.

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