Sabah Development Bank doles out $72m loan to Malaysia's AirAsia

Sabah Development Bank doles out $72m loan to Malaysia's AirAsia

REUTERS/Chaiwat Subprasom

Malaysia’s AirAsia Group Bhd has approved and disbursed a 300 million ringgit ($72 million) loan from Sabah Development Bank Berhad to its units as part of the group’s fundraising efforts, the budget airline said in a bourse filing on Friday.