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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. ....
, 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. ....
AirAsia Group Bhd surged as much as 13.5 sen or 16.56% to 95 sen this morning, after Hong Kong’s well-known poker player Stanley Choi Chiu Fai emerged as its substantial shareholder. ....
KUALA LUMPUR: Shares in AirAsia Group Bhd jumped over 13% in active trade this morning following the emergence of Stanley Choi Chiu Fai as a new substantial shareholder in the carrier. ....
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. ....