KUWAIT-based budget carrier Jazeera Airways Group said it has successfully raised its capital by 74 per cent to KD42 million ($148.9 million) through a rights issue, which was oversubscribed 2.25 times.
The rights issue comprising 178 million shares were available to shareholders from December 16, 2012 at a nominal value of 100 Kuwaiti fils till December 31, said the...
Source: http://www.thefreelibrary.com/Jazeera+Airways+boosts+capital+to+%24148.9m.-a0317326623
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