Editorial Comment

Shifting markets lead to AirAsia X IPO going off at low end of range

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Shifting markets lead to AirAsia X IPO going off at low end of range

AirAsia X has raised M$987.7m (US$310m) from its Malaysian initial public offering (IPO) after fixing the price near the bottom of the indicative range. The deal exceeds Cliq Energy’s $118m offering in April as the biggest IPO in Malaysia so far in 2013. The airline IPO attracted strong demand and...

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