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Indonesia AirAsia expects to raise USD200 million from an initial public offering

7-Jun-2013 10:41 AM

Indonesia AirAsia expects to raise USD200 million from an initial public offering in 4Q2013, similar to Thai AirAsia's IPO according to Group CEO Tony Fernandes (Economic Times/businesstimes.com.sg, 06-Jun-2013). As previously reported by CAPA, Indonesia AirAsia plans to float 20% of its shares on the Indonesia Stock Exchange.