PETALING JAYA: AirAsia Group Bhd is considering a rights issue, debt financing and even a private placement to raise more capital until air travel demand picks up.
The group is also actively exploring other potential monetisation opportunities including hiving off part of its digital business as raising cash is vital for its survival.
It plans to raise RM2bil to RM2.5bil and the funding should come in anytime from December to February 2021, analysts said.
...