AirAsia active, jumps 13% on emergence of new substantial shareholder


KUALA LUMPUR: Shares in AirAsia Group Bhd jumped over 13% in active trade this morning following the emergence of Stanley Choi Chiu Fai as a new substantial shareholder in the carrier.

The long haul budget carrier rose 13.5%, or 11 sen to 92.5 sen with 67 million shares traded.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
AirAsia , AirAsia X , Stanley Choi Chiu Fai

Next In Business News

Yayasan Peneraju unveils new basic package to accelerate Bumiputera AI upskilling
DIY homes: A growing trend
Why speculation hurts homebuyers
More fresh paint forl aneways
Ringgit likely to trade within 4.04-4.07 range next week
China equities set to shine
Banks snatch up mortgage bonds
Thai auto gears up, bumps and all
Offering luxury for less
Markets look beyond Venezuela shock

Others Also Read