AirAsia to raise up to RM1.024 bln from proposed rights issue

KUALA LUMPUR: Budget airline, AirAsia Group Bhd (AAGB) has proposed to undertake a renounceable rights issue of up to RM1.024 billion in nominal value of seven-year redeemable convertible unsecured Islamic debt securities with a nominal value of RM0.75 each (RCUIDS) on the basis of two RCUIDS with one free detachable warrant for every six ordinary […]

airasia Digital’s Ikhlas launches Muslim-friendly e-commerce platform

KUALA LUMPUR: Ikhlas, the Muslim-friendly line of business under airasia Digital, has launched its e-commerce function Shop with IKHLAS today to meet increasing demand by Muslim-friendly customers in the market.  Head of Ikhlas, Ikhlas Kamarudin, said the launch of Shop with Ikhlas is timely with Ramadan around the corner and it aims to be a […]