PETALING JAYA: AirAsia Bhd is proposing a share buy-back of up to 10% of its issued and paid-up share capital at an upcoming EGM to stabilise its share price which is recovering from a sell-down.
“The proposed share buy-back is to stabilise the market price, stop speculation of the shares and enhance investor confidence.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!