Outrigger Hotels and Resorts
http://admin.travelmole.com/images/stories/2009/images/AirAsia A320_2(60).jpg

Published on Sunday, September 12, 2021

Thai AirAsia launches crowdfunding campaign






Thai AirAsia is tapping the goodwill of the general public to secure its long-term future.


It has launched a crowdfunding campaign which is approved and regulated by the Securities and Exchange Commission, allowing investors and the general public to invest in the business.


The subscription debenture is available through the Peer Power investment platform.


The airline says it is confident of strong support from the investing public.


'We thank everyone for all of their support throughout this difficult situation. This crowdfunding campaign will be another avenue for people to show their support. We are touched by the positive response that we have received so far," said Thai AirAsia CEO, Santisuk Klongchaiya.


The crowdfunding investment model was recently approved by the SEC.


Proceeds from the campaign will be used to shore up its short-term liquidity.


It is also raising capital through conventional means and undergoing a business restructuring of parent  Asia Aviation Plc.

Story Image



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story


NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Have you seen a surge in demand for US trips?



LATEST 'MOLE VIDEOS

UKinbound are in Manchester for the Annual Convention - What can you expect?

Qatar moved from red to amber list: Phil Dickinson details the growth plans for the destination

Japan - The bucket list destination - five experts describe a life in the day of a visitor

Lonely Planet launch UK Road trip Guide

Ottawa - Capital of Canada is open for business and ready for visitors

UPCOMING EVENTS
\m