Friday, 09 Oct 2020 08:59 PM MYT
KUALA LUMPUR, Oct 9 ― Long-haul budget airline AirAsia X Bhd expects its proposal for the RM63.5 billion debt restructuring exercise will not have any effects on its share capital, substantial shareholders’ shareholdings, as well as the group’s structure.
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Malaysia’s AirAsia X to stave off liquidation with US$15b debt restructure | Malay MailKUALA LUMPUR, Oct 7 — Malaysian budget airline AirAsia X Bhd (AAX), the long-haul arm of AirAsia Group Bhd, said it has proposed restructuring US$15.3 billion (RM63.6 billion) of debt and reducing its share capital by 90 per cent to continue as a going concern. AAX said it has severe liquidity... 1 airline in Malaysia enough Bangkrupt
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