T. Rowe Price ceases to be AirAsia substantial shareholder


PETALING JAYA: T. Rowe Price Associates, Inc ceased to be a substantial shareholder in AirAsia Bhd, which has seen its shares come under selling pressure in recent weeks due to surging fuel prices.

A filing with Bursa Malaysia showed that the US-based fund had disposed of a total 142.79 million shares in the open market and ceased to be a substantial shareholder as at July 1.

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