Hong Kong businessman buys 9% of Air Asia | News airfinancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from airfinancejournal.com Daily Mail and Mail on Sunday newspapers.
Tuesday, 23 Feb 2021 01:55 PM MYT
BY JERRY CHOONG
AirAsia Group Berhad s stocks up Hong Kong tycoon Stanley Choi increased his stakes in the Malaysian low-cost carrier. AFP pic
Subscribe to our Telegram channel for the latest updates on news you need to know.
KUALA LUMPUR, Feb 23 AirAsia Group Berhad s share price rose this morning after real-estate magnate Stanley Choi increased his equity in the Malaysian low-cost carrier.
The Edge reported the increase to be 13.5 sen or 16.56 per cent to 95 sen, and by 11.15am the counter pared some gains at 91.5 sen, still up 10 sen or 12.27 per cent.
This was after 144.52 million of AirAsia s shares changed hands, with the group being one of the most actively traded stocks. The group s low-cost long-haul affiliate AirAsia X Berhad was the second most actively traded stock this morning.