AiAsia shares up on BigPay prospects


As at 10am, shares in AirAsia Group gained five sen to 93 sen while AirAsia X rose 3.5 sen to 10.5 sen.

KUALA LUMPUR: AirAsia Group Bhd’s shares on Bursa Malaysia gained momentum on Wednesday morning as the airline group looks to clinch the final approval for its lending business, BigPay, by the first quarter of next year (Q1 2021).

Last month, AirAsia was among the eight "licensed credit community” companies that obtained the approval of the Ministry of Housing and Local Government (KPKT) to provide online loans.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 , BigPay , Rakuten , KPKT , online loan , AirAsia X

   

Next In Business News

Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

Others Also Read