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

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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.

 

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