AirAsia X launches Malaysia IPO of up to $370 million

The Malaysian low-cost, long-haul airline starts the bookbuilding for its IPO, which if successful will be the biggest in the country so far this year.
<div style="text-align: left;"> AirAsia X is responsible for all the long-haul international flights under the AirAsia brand </div>
<div style="text-align: left;"> AirAsia X is responsible for all the long-haul international flights under the AirAsia brand </div>
June 11, 2013

AirAsia X, a low-cost, long-haul airline that operates primarily in Asia-Pacific, started the bookbuilding yesterday for its Malaysian initial public offering, aiming to raise between $294 million and $370 million.

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