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Investor’s brave call in raising his stakes in AirAsia turning heads
IN retrospect, it was a slam-dunk bet that when stuck-indoors Americans were sent US$600 (RM2,470) stimulus cheques back in January, they’d plow a lot of it into the stock market.
PETALING JAYA: Low-cost carrier AirAsia Group Bhd has concluded its private share placement exercise with the completion of a second tranche, where another 100.36 million new shares have been issued.
Civil aviation industry records 187.1% jump in February
AirAsia Group Bhd has concluded its private share placement exercise with the completion of the second tranche on Wednesday where another 100.36 million new shares were issued.
Investor expects low-cost airline to be first to rebound