Exclusive - Choi aims to ace it with AirAsia


“In terms of management efficiency, AirAsia is being run by the top notch in the industry and it has an excellent track record in terms of management, operations and the support of the local community, ” Stanley Choi told StarBiz.

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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

AirAsia , Stanley Choi , first , rebound , shareholder ,

   

Next In Business News

UPDATE 1-Most Chinese developers' shares fall despite latest support measures
Thai Q1 GDP grows 1.5% y/y, above forecast
Ringgit stages small rebound boosted by US Fed rate cut prospects
Foreign investors stay net buyers on Bursa Malaysia at RM873.9mil
Arka shares jump 10% to one-year high
FBM KLCI starts week strong on rate cut hopes, Q1 GDP boost
Trading ideas: Maxis, ITMAX, PIE, MFM, PPB Group, Epicon, NationGate, GIIB
S&P profit recovery revs up on Big Tech and strong consumer run
Oriental’s strong balance sheet to enhance growth
VW, Renault end talks to develop affordable EV

Others Also Read