Asia/Pacific

Bamboo Airways’ shareholders reject plans of raising capital via share issuance

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Bamboo Airways’ shareholders reject plans of raising capital via share issuance

Bamboo Airways’ plans of raising $410 million via private placement of shares have been rejected by 56.4% of the shareholders during the general meeting held on April 10, 2023, local media reports. There was a total of 93 shareholders in the meeting holding about 93% of the voting shares. The airl...

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