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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Sadif Analytics Prime

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Airasia X Sdn Bhd Eyes Up To $300 Million Malaysia IPO-Reuters

Sunday, 12 May 2013 09:44pm EDT 

Reuters reported that Airasia X Sdn Bhd began meeting investors to gauge interest for an Initial Public Offering in Malaysia Worth up to $300 million. The Company and its shareholders are offering 790.1 million shares, with 75% of the offering coming from new shares. The deal is slated to be priced on June 24, 2013 with its debut set for July 10, 2013. AirAsia X plans to use 44% of the proceeds to repay bank loans, with another 22% set for capital expenditures, the terms said. CIMB, Credit Suisse, Maybank and Morgan Stanley were hired as joint global coordinators on the IPO. 

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8.5 +3.53%
31 Mar 2015