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AirAsia's Choi has wide business interest

KUALA LUMPUR: Stanley Choi Chiu Fai, who emerged as a new substantial shareholder in AirAsia Group Bhd
, is a well-known poker player from Hong Kong.
Choi emerged as a substantial shareholder of AirAsia after he pumped in RM114.46mil to take up the low-cost carrier’s private placement.
Choi, through his private vehicle Positive Bloom Ltd, acquired 167.1 million, or a 4.17% stake, on Feb 18, raising his shareholding in the airline to 332.5 million shares or an 8.96% stake.
Choi is also the co-founding member of Yunfeng Capital, a private capital arm of Alibaba Group’s Jack Ma.
He has also served as a member of the senior management of various listed companies in Hong Kong. He is currently the chairman of Hong Kong-listed International Entertainment Corp. ....

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AirAsia shares slip on profit-taking; Choi emerges as substantial shareholder

, which saw the emergence of Stanley Choi Chiu Fai as its new substantial shareholder, fell at midday.
The budget carrier fell 4.21%, or four sen to 91 sen with 70.8 million shares traded on profit taking.
, its low-cost long-haul affiliate fell 10%, or one sen to nine sen with 111.19 million shares done.
Choi, a well-known poker player from Hong Kong, emerged as a substantial shareholder of AirAsia after he pumped in RM114.46mil to take up the low-cost carrier s private placement.
Choi through his private vehicle Positive Bloom Ltd, acquired 167.1 million, or a 4.17% stake, on Feb 18, raising his shareholding in the airline to 332.5 million shares or an 8.96% stake. ....

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Who is Stanley Choi, the new substantial shareholder of AirAsia Group?

A Hong Kong businessman or more well known as a top poker player has taken a RM114 million bet on AirAsia Group Bhd. ....

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