AirAsia X to offer 33.3% of shares in IPO
AirAsia X plans to offer 33.3% of its shares in its IPO in 2013 which is expected to raise approximately USD250 million for the airline.
AirAsia Bhd, Southeast Asia's largest budget carrier, rose the most in almost a month after its chief executive officer said first-quarter earnings are ``looking strong'' and it doesn't need to raise more capital.