Cases & Deals

CIMB Investment Bank Berhad completes block trade of Ordinary Shares in AirAsia X Berhad

Clients CIMB Investment Bank Berhad

Jones Day represented CIMB Investment Bank Berhad in a block trade of 124.1 million Ordinary Shares in AirAsia X Berhad, a provider of long haul air transportation services in the Asia Pacific region and the Middle East, sold by Manara Malaysia I Limited at a total aggregate value of approximately US$28.2 million (a price of RM.73 per share).