AirAsia subscribes to Indonesia associate's perpetual capital securities of $287.5m

AirAsia subscribes to Indonesia associate's perpetual capital securities of $287.5m

Budget airline AirAsia Berhad has subscribed to 49 per cent of the IDR4.2 trillion ($287.55 million) perpetual capital securities issued by its 49 per cent-owned associate PT Indonesia AirAsia (IAA) for IDR2.06 trillion.

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