Tune Air's stake in AirAsia to rise to 30% after share placement?

Privatisation talks: Shares in AirAsia would be suspended from trading today at its own request to make way for a material announcement. – Reuters

PETALING JAYA: AirAsia Bhd is said to be planning a placement of new shares to its main shareholder, Tune Air Sdn Bhd.

Tune Air is the largest shareholder with a 19.09% stake.