Choi’s bet for a royal flush


Head & Shoulders Financial Group chairman and International Entertainment Corporation (IEC) chairman Dr Stanley Choi, who is now a substantial shareholder of AirAsia Group Bhd.

AT a time when most investors would “fold” or “check” when it comes to investing in the aviation industry in the current economic climate, professional poker player and investor Dr Stanley Choi has made a bold “call”.

The high roller went in big on AirAsia Group Bhd last month when he acquired a further 167.1 million shares in a private placement via his wholly-owned private vehicle Positive Boom Ltd, raising his stake from less than 5% to 8.96%.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Next In Business News

TNB doubles capex to RM42.9bil to back energy transition efforts
FBM KLCI rises for second straight day amid mixed regional performance
Singapore shares set for an eight-day rally; Asia FX muted
Norway wealth fund posts US$40bil first-quarter loss on tech weakness
IJM acquires 50% stake in JRL Group to boost UK presence
ZUS Coffee to add 200 Southeast Asia stores in Starbucks duel
‘Made in Malaysia’: Sellers bombarded with ways to evade tariffs
Retailers up effort to help out exporters
Chinese customers are rejecting new jets due to tariffs, Boeing confirms
Toyota's March overseas sales hit record peak as US buyers rush ahead of tariffs

Others Also Read