Shareholders approve of AAX restructuring plan
The Edge Markets - Aviation·2021-06-02 05:05
KUALA LUMPUR (June 1): AirAsia X Bhd's (AAX) shareholders have approved of its restructuring plan, including a cash call to raise up to RM300 million plus share placement to a special purpose vehicle (SPV).
In a statement, the low-cost carrier said that it received approval from its shareholders after its extraordinary general meeting today.
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