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View all search resultsrestructuring
Business 4 years ago
PREMIUM
APINDO seeks extension of loan restructuring program, moratorium on bankruptcy petitions
A significant increase in the number of insolvency and bankruptcy petitions has prompted demands for a temporary halt of such cases, which critics say have been abused to take unfair advantage of indebted companies. But a moratorium would put more pressure on banks.
Business 4 years ago
Malaysia's AirAsia X gets shareholder go-ahead for restructuring plan
Shareholders of the long-haul affiliate of AirAsia Group approved all resolutions at an extraordinary general meeting, including a rights issue and a share subscription for new investors to raise 500 million ringgit.
Business 5 years ago
AirAsia X shows court creditors' support for restructuring plan
Most of AirAsia X Bhd (AAX)’s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show.
