|Bid||0.6000 x 0|
|Ask||0.6050 x 0|
|Day's range||0.5950 - 0.6100|
|52-week range||0.5500 - 1.3300|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||1.33|
|Earnings date||28 Aug 2019 - 03 Sep 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Malaysia's flagship budget airline AirAsia Group Bhd is in early acquisition discussions for air cargo carrier Raya Airways to beef up its logistics business, The Edge Weekly reported on Saturday citing sources. The business weekly said the airline has approached businessman Ishak Ismail whose family owns Raya Airways, to acquire the carrier, and are in early conversations, according to people familiar with the matter. AirAsia and Raya Airways did not immediately respond to requests for comment.
* China Q4 GDP beats forecast, retail sales disappoint * South Korea shares hit 1-1/2-month low * Indonesia, Malaysia FX dip; central banks meet this week By Nikhil Nainan Jan 17 (Reuters) - A few Southeast Asian stock markets fell on Monday as Chinese data signalled the economic fallout of the COVID-19 curbs, prompting further monetary easing, while South Korean stocks dropped more than 1% ahead of a highly anticipated mega-IPO.
All three groups of creditors of Malaysian long-haul low-cost airline AirAsia X (AAX) have agreed to a restructuring scheme that proposes to pay just 0.5% of debt owed and to terminate all existing contracts, a person familiar with the matter said. AAX said on Friday the first of three groups had voted 100% in favour of the plan to restructure 33.65 billion ringgit ($8.1 billion) of liabilities and the second had voted 97.6% in favour. The only creditor in the final group is planemaker Airbus , which has also voted in favour of the deal, the person told Reuters on condition of anonymity, confirming an earlier report by Bloomberg News.