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Exclusive - Choi aims to ace it with AirAsia


PETALING JAYA: Stanley Choi’s increased stake in low-cost carrier AirAsia Group Bhd
is no ordinary bet but one where he has factored in calculated risks just like he would in any of his poker games.
The professional poker player and investor from Hong Kong started looking at the aviation industry when it bottomed out between June and July last year and just as how Covid-19 was an unprecedented pandemic, Choi viewed it as an investment opportunity of a lifetime.
And as he hunted for companies to invest in, he realised that AirAsia appealed to him the most in terms of its fundamentals and management style. ....

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AirAsia Group Berhad welcomes businessman and M&A specialist Dr Stanley Choi as substantial sharehol


Direct News Source
AirAsia Group Berhad welcomes businessman and M&A specialist Dr Stanley Choi as substantial shareholder
AirAsia Group Berhad is pleased to announce that Dr Stanley Choi Chiu Fai has joined the Group as a substantial shareholder via his wholly-owned entity Positive Boom Ltd on 18 February 2021. He acquired 167.1 million AirAsia shares in the first tranche of the private placement, raising his shareholding in the group to 332.5 million shares equating to a 8.96% stake.
Dr Stanley Choi is the Chairman of Head & Shoulders Financial Group, as well as the Chairman and Executive Director of International Entertainment Corporation (IEC), a company listed on the main board of Hong Kong Stock Exchange (1009.HK). He is also the only co-founding member from Hong Kong for YunFeng Capital - a private equity fund started in 2010 by a group of successful entrepreneurs and influential industry leaders, named after its co-founder Jack Ma Yun, founder of Alibaba Group, ....

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