God damn it!
I was and remain of the viewpoint that AirAsia is going to rock and roll coming out of this period and I was looking forward to participating in an equity recap of AAV and ride the recovery trade in 2H21 and throughout 2022. But the clever folks there decided to keep the upside for themselves…
So what happened?
27 April 2021 – https://www.set.or.th/set/pdfnews.do?newsId=16194806133870&sequence=2021046663
The company announced the following: (or you can scroll down and read my summary)
Approved the Corporate and Capital Restructuring Plan of the Company and its subsidiary, Thai AirAsia Co., Ltd. (“Thai AirAsia”), (hereinafter referred to as “Restructuring Plan”), and proposed that the Company’s shareholders’ meeting consider and approve the Restructuring Plan
The new investor (who is not a connected person of the Company and…
