MANILA: The Philippines unit of AirAsia owner Capital A Bhd
is looking at an initial public offering (IPO) next year, its chief executive officer (CEO) says, reviving a fundraising plan hatched in 2015 but shelved numerous times because of market volatility.
“We definitely need to raise some capital and that is one of the strongest options that we have,” Capital A CEO Tan Sri Tony Fernandes told ANC news channel.
