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7-Jun-2013 10:41 AM

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

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.