Choi emerged as a substantial shareholder of AirAsia after he pumped in RM114.46mil to take up the low-cost carrier’s private placement.AirAsia Group BhdChoi 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 served as a member of the senior management of various listed companies in Hong Kong. He is currently the chairman of Hong Kong-listed International Entertainment Corp.
It is an investment holding company that operates hotels and leases investment properties equipped with entertainment equipment in the Philippines.Longhui operates chain restaurant business, providing hotpots, fast food products, desserts, drinks, and other related products.Article type: metered
BursaMalaysiaKL is airasia still Shariah compliant ?