AirAsia stocks appreciate after disposal of shares by EPF | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

KUALA LUMPUR, Feb 5 — Shares of AirAsia Group Bhd (AAGB) and its sister company AirAsia X Bhd appreciates in active trading following recent downtrend amid news report alleging the low-cost airline took US$50 million (RM205.7 million) bribes from aircraft manufacturer Airbus. The upswing in their...

AirAsia Group recovered five sen or 3.45 per cent at RM1.20 as 138.36 million shares changed hands on Bursa Malaysia at 11.50am, February 5, 2020. — Reuters pic

According to two separate filings on Bursa Malaysia, the retirement fund disposed 7.43 million of AAGB shares on Jan 28 and followed it up with another disposal of 492,500 worth of shares on the next day. According to them, it was a clear violation of the fundamental legal principle of fairness and access to justice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AirAsia’s stocks appreciates on disposal of shares by EPFKUALA LUMPUR: Shares of AirAsia Group Bhd (AAGB) and its sister company AirAsia X Bhd appreciates in active trading following recent downtrend amid ne...
Source: theSundaily - 🏆 25. / 51 Read more »

Malaysia’s aviation authority to see if AirAsia, sister company broke laws on Airbus claims | Malay MailKUALA LUMPUR, Feb 3 — The Malaysian Aviation Commission (Mavcom) will assess if executives from local budget airline AirAsia and its long-haul sister company AirAsia X violated the Malaysian Aviation Commission Act 2015 as well as the commission’s guidelines concerning graft allegations on...
Source: malaymail - 🏆 1. / 86 Read more »

US stocks jump as fears recede of global hit from virus | Malay MailNEW YORK, Feb 4 — Wall Street stocks jumped early today, gaining for a second straight session as fears eased over an economic hit from the coronavirus. Major US indices were up more than one per cent, with analysts citing economic stimulus measures by the People’s Bank of China as cushioning...
Source: malaymail - 🏆 1. / 86 Read more »