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The Edge Malaysia·3 min read·hard

AirAsia X, Mi Technovation, IJM, AEON Credit, Keyfield, Kee Ming, Ann Joo, TWL, Sealink, Carimin

AirAsia X, Mi Technovation, IJM, AEON Credit, Keyfield, Kee Ming, Ann Joo, TWL, Sealink, Carimin
AI Summary

AirAsia X is facing financial strain due to rising fuel costs, leading to missed payments to suppliers like Rolls-Royce. Meanwhile, Mi Technovation is planning a spin-off IPO for its semiconductor materials unit in Singapore.

Why it matters

These developments highlight the ongoing economic pressures on the aviation industry and the strategic restructuring of semiconductor firms in Asia.

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BURSA SGX Home Companies in the news KUALA LUMPUR (June 24): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday:

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businesseconomy
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Confidence: 90%

The report provides a factual summary of corporate announcements and financial news without editorializing.

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