May 13 (Reuters) - Regional Express Holdings Ltd REX.AX :
* HAS BEEN APPROACHED BY SEVERAL PARTIES INTERESTED IN PROVIDING EQUITY NEEDED
* PRELIMINARY ESTIMATE OF EQUITY REQUIRED IS IN VICINITY OF $200 MILLION
* STRUCTURE OF EQUITY RAISING IS YET TO BE DETERMINED
* BEGUN TALKS WITH POTENTIAL EQUITY PARTNERS TO EXTEND ITS OPERATIONS TO ESTABLISH DOMESTIC OPERATIONS
* EXPECTED TO MAKE A DECISION ON WHETHER OR NOT TO PROCEED WITHIN NEXT EIGHT WEEKS
* APPROACHED BY PARTIES INTERESTED IN PROVIDING EQUITY NEEDED TO START DOMESTIC OPERATIONS IN AUSTRALIA
* SHOULD BOARD DECIDE TO PROCEED, DOMESTIC OPERATIONS EXPECTED TO COMMENCE ON 1 MARCH 2021