Cases & Deals

CIMB Investment Bank Berhad and Credit Suisse complete block trade of shares in AirAsia

Clients CIMB Investment Bank Berhad and Credit Suisse (Singapore) Limited

Jones Day advised CIMB Investment Bank Berhad and Credit Suisse (Singapore) Limited, as placement agents, in connection with the US$78.8 million Regulation S and Rule 144A block trade of shares in AirAsia Berhad ("AirAsia"). Approximately 109.4 million Ordinary Shares in AirAsia were sold by Tune Air Sdn Berhad at a price of RM 2.35 each, resulting in aggregate proceeds in excess of RM257 million (approximately US$78.8 million).

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