Capital A Bhd $AIABF , the parent company of the well-known airline AirAsia $5238.KL, is actively seeking investment by initiating a secondary share placement on the Hong Kong Stock Exchange. The targeted amount for this endeavor is at least $200 million, which could significantly impact the company’s future trajectory.
Recently, it was announced that the sovereign wealth fund of Saudi Arabia plans to invest approximately $100 million in the Malaysian airline AirAsia. This news has captured the attention of industry experts as well as analysts monitoring the development of the aviation and international tourism markets.