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INDEPENDENT Rs | The Board Room : TF in Talks with Bankers after Shares Plunge...

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PostPosted: Fri Oct 30, 2015 11:25 am Reply with quote
User avatarJoined: Tue Feb 06, 2007 9:10 pmPosts: 10781Location: W12 now South Harrow
Article from the Economic Times......

SINGAPORE: AirAsia founder Tony Fernandes began talks with bankers to take Asia's No.1 budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk, people familiar with the situation told Reuters.

The Malaysian entrepreneur and his business partner Kamarudin Meranun, respectively Group CEO and Chairman of AirAsia Bhd, borrowed the m ..

Read more at:
http://economictimes.indiatimes.com/art ... aign=cppst


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PostPosted: Fri Oct 30, 2015 12:12 pm Reply with quote
User avatarJoined: Sat Feb 24, 2007 11:26 amPosts: 2325Location: Walkden Manchester
Yes that was all on the Cards and flagged up in the Financial Times way back in July.

TF has more important matters on his plate than QPR FC I reckon.



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