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KUALA LUMPUR (Reuters) - Budget carrier AirAsia Group Bhd has postponed its fourth-quarter earnings release by about a month, just as its closed Japan unit starts bankruptcy proceedings.
KUALA LUMPUR: AirAsia Group expects businessman and M&A specialist Stanley Choi Chiu Fai, who joined the low-cost carrier group as a strategic shareholder to add value to its digital business development in China.
KUALA LUMPUR: AirAsia Group Bhd, which saw the emergence of Stanley Choi Chiu Fai as its new substantial shareholder, fell at midday.
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.
KUALA LUMPUR: Stocks to watch on Tuesday include Tiong Nam Logistics Holdings Bhd, Karex Bhd, KPower Bhd, IOI Properties Group Bhd, Pos Malaysia Bhd and Petronas Gas Bhd, according to JF Apex Research.