Singapore
The combined company is expected to trade on the Nasdaq in the first half of 2024.
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Philippines
Bursa Malaysia stock exchange had classified both AirAsia X and Capital A as financially distressed companies.
World
The price range implies an equity value for the group of between $2.04 billion and $2.22 billion.
Greater China
The decision was made as global financial markets remain volatile, a third source added.
India
Shares surged past the initial public offer (IPO) price of Rs 500 to debut at Rs 1,200.
The share repurchase will start from Dec 1.
Alipay will offload its 3.44% stake through block deals on Indian exchanges.
The $31.8m pre-IPO deal was led by BA Capital.
A major shareholder is one with at least 5% stake.
Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering.
