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KUALA LUMPUR: Stanley Choi Chiu Fai, who emerged as a new substantial shareholder in AirAsia Group Bhd , is a well-known poker player from Hong Kong. Choi emerged as a substantial shareholder of AirAsia after he pumped in RM114.46mil to take up the low-cost carrier’s private placement. Choi, through his private vehicle Positive Bloom Ltd, acquired 167.1 million, or a 4.17% stake, on Feb 18, raising his shareholding in the airline to 332.5 million shares or an 8.96% stake. Choi is also the co-founding member of Yunfeng Capital, a private capital arm of Alibaba Group’s Jack Ma. He has also ...
, which saw the emergence of Stanley Choi Chiu Fai as its new substantial shareholder, fell at midday. The budget carrier fell 4.21%, or four sen to 91 sen with 70.8 million shares traded on profit taking. , its low-cost long-haul affiliate fell 10%, or one sen to nine sen with 111.19 million shares done. Choi, a well-known poker player from Hong Kong, emerged as a substantial shareholder of AirAsia after he pumped in RM114.46mil to take up the low-cost carrier's private placement. Choi through his private vehicle Positive Bloom Ltd, acquired 167.1 million, or a 4.17% stake, on Feb 18, raisin...
AirAsia Group Bhd surged as much as 13.5 sen or 16.56% to 95 sen this morning, after Hong Kong’s well-known poker player Stanley Choi Chiu Fai emerged as its 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.