June 3 (Reuters) - Airasia Group Bhd AIRA.KL :
* PHILIPPINES AIRASIA SHAREHOLDER MICHAEL ROMERO SAYS TO
ACQUIRE
ADDITIONAL STAKE IN BUDGET CARRIER AHEAD OF PLANNED IPO
* PHILIPPINES AIRASIA'S ROMERO WILL END UP WITH NEARLY 45%
STAKE,
MAKING HIM THE SINGLE LARGEST STOCKHOLDER IN BUDGET CARRIER
* PHILIPPINES AIRASIA'S ROMERO SAYS THE BUDGET CARRIER IS
LOOKING
AT $600 MILLION VALUATION IN PLANNED IPO LATE THIS YEAR
* PHILIPPINES AIRASIA PLANS TO RAISE AT LEAST $200 MILLION
FROM
PLANNED IPO
* PHILIPPINES AIRASIA WILL RECEIVE FIVE TO TEN NEW AIRBUS
AIRCRAFT
FROM PARENT FIRM AIRASIA EVERY YEAR
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