AirAsia parent to raise $95.5m for engineering arm

AirAsia parent to raise $95.5m for engineering arm

Macau Photo Agency / Unsplash

AirAsia‘s parent Capital A Bhd is raising more than 400 million ringgit ($95.53 million) in capital for its engineering arm, which plans to build maintenance, repair and overhaul (MRO) facilities at Kuala Lumpur International Airport.