{"id":375151,"date":"2020-09-25T09:09:00","date_gmt":"2020-09-25T03:39:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=375151"},"modified":"2020-09-25T11:30:54","modified_gmt":"2020-09-25T06:00:54","slug":"malaysias-airasia-considers-capital-raising-for-digital-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/malaysias-airasia-considers-capital-raising-for-digital-business\/","title":{"rendered":"Malaysia&#8217;s AirAsia considers capital raising for digital business"},"content":{"rendered":"<p>Malaysia&#8217;s flagship budget airline AirAsia Group Bhd said on Thursday it is considering raising capital to expand its digital business.<\/p>\n<p>Without giving any figures, Group Chief Executive Officer Tony Fernandes said in a briefing that the group could take an investment to help speed up growth, but would not need to raise a huge sum.<\/p>\n<p>&#8220;We are not here to raise billions and spend it all. We just started the process but we don&#8217;t need a lot. We&#8217;ve built this on our own capital so far,&#8221; he said.<\/p>\n<p>He said there was already some debt capital secured for a few of its digital units, including logistics unit Teleport, fast food business Santan and agriculture e-commerce platform OurFarm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia&#8217;s flagship budget airline AirAsia Group Bhd said on Thursday it is considering raising capital to expand its digital business. Without giving any figures, Group Chief Executive Officer Tony Fernandes said in a briefing that the group could take an investment to help speed up growth, but would not need to raise a huge sum. &#8220;We are not here to raise billions and spend it all. We just started the process but we don&#8217;t need a lot. We&#8217;ve built this on our own capital so far,&#8221; he said. He said there was already some debt capital secured for a few [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-375151","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=375151"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375151\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=375151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=375151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=375151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}