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AirAsia shareholder Stanley Choi not ruling out possibility of acquiring more shares in company | Money


Monday, 08 Mar 2021 06:39 PM MYT
An AirAsia logo is pictured at the ticketing counter at Changi Airport in Singapore, December 29, 2014. Reuters pic
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KUALA LUMPUR, March 8 AirAsia Group Bhd’s strength in big data makes it an attractive investment portfolio, despite the challenges the aviation industry is facing now, and there are possibilities to increase the stake in the future, said Stanley Choi Chiu Fai who emerged as a substantial shareholder in the company.
“AirAsia’s growing and diversifying business portfolio based on rich and massive data of customers, accumulated over 19 years in the aviation business makes it attractive as data is the next big thing. ....

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AirAsia seeks to raise RM454.51m via private placement | Money


Thursday, 21 Jan 2021 08:36 PM MYT
AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease (Covid-19), in Sepang, Malaysia April 14, 2020. Reuters pic
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KUALA LUMPUR, Jan 21 AirAsia Group Bhd has proposed to undertake a private placement of up to 20 per cent of its existing 3.34 billion shares to raise approximately RM454.51 million.
In a filing with Bursa Malaysia today, the budget carrier said the exercise would enhance its financial position with a marginal increase in net assets and improvement in net gearing. ....

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