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AirAsia completes share placement of 100m new shares

has concluded its private share placement exercise with the completion of the second tranche on Wednesday where another 100.36 million new shares were issued.
The low-cost carrier announced the tranche representing about 3% of its total issued shares at an issue price of 86.5 sen each.
It said this follows the initial tranche of 11.07% or 369.85 million shares issued on Feb 19 that saw the emergence of Hong Kong-based investor Dr Stanley Choi Chiu Fai as a substantial shareholder after upgrading his share position to 8.96% from less than 5% previously.
“In total, both tranches delivered 470.21 million new shares issued under the private placement exercise, representing 14.07% of AirAsia Group’s total issued shares and raised a total of RM336.46mil, ” it said. ....

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AirAsia Group Berhad (via Public) / AirAsia's successful private share placement reflects company's strong fundamentals, digital potential

AirAsia Group Berhad (via Public) / AirAsia's successful private share placement reflects company's strong fundamentals, digital potential
publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.

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Stanley Choi not ruling out buying more shares in AirAsia

KUALA LUMPUR: 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. ....

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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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Highstakes Hong Kong Poker Player Stanley Choi Sparks Airline Share Price Surge

Highstakes Hong Kong Poker Player Stanley Choi Sparks Airline Share Price Surge
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