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AirAsia launches warrants offering

27-Aug-2009 9:27 AM

AirAsia announced (26-Aug-09) the launch of an offering of up to 90 million non-collateralised European-style cash settled call warrants over ordinary shares of the carrier. The carrier stated the offering is in line with its objective to "actively participate and contribute to the development of structured warrants and other financial products in the Malaysian capital market". The shares will be listed on the Warrants Board of Bursa Securities from 27-Aug-09. [more]