Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >> Capital Markets  >> AirAsia X to issue 592.59m new shares under IPO (Update)
NEWS UPDATES Asean Affairs   9 May 2013  

AirAsia X to issue 592.59m new shares under IPO (Update)

AirAsia X Bhd has proposed to issue 592.59 million new shares under its initial public offer as it seeks to list on the Main Market of Bursa Malaysia.

In its draft prospectus posted on the Securities Commission website on Wednesday, it offered to sell up to 197.53 million existing shares.

AirAsia X is the sister company of low-cost carrier AirAsia Bhd.

AirAsia X said the total IPO offering will involve up to 790.12 million shares of 15 sen each comprising of 538.01 million shares for institutions and 252.11 million shares for retail investors.

The institutional offering of up to 538.01 million shares would comprise of up to 197.53 million offer shares and 79.74 million issue shares to Malaysian and foreign institutions and selected investors.

It would also include 260.74 million issue shares to Bumiputera institutional selected investors.

The share price under the institutional offering would be determined after a bookbuilding exercise.

As for the retail offering of 252.11 million shares, it would comprise of 52.11 million issue shares to eligible persons, 50 million issue shares to eligible passengers and 150 million issue shares to the Malaysian public.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    9 May 2013 Subsribe Now !
• The Joint Statement of the 16th ASEAN+3 Finance Ministers and Central Bank Governors' Meeting Subcribe: Asean Affairs Global Magazine
• ASEAN Defence Ministers Strengthen Cooperation Ties Asean Affairs Premium
• ASEC to Host Back-to-Back Events Tackling Development Gaps in ASEAN 
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Global consumers are concerned about green issues but more than half unaware of how they can help
• TM has cash to settle RM2b sukuk, will not issue more bonds for now
• AirAsia X to issue 592.59m new shares under IPO (Update)
Asean Analysis            9 May 2013 Advertise Your Brand
• Asean Analysis- May 9, 2013  
• Asean Weekly- May 3, 2013 Sponsor Our Events
Asean Stock Watch     9 May 2013
• Asean Stock Watch-May 9, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand