Shareholders should reject the placement with this happens.
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Airasia: So this cannot be right! - felicity
Friday, April 22, 2016
As a shareholder this cannot be right especially if the founders is trying to get the minority shareholders to vote for the placement come 9 May 2016.
The founders are selling at around RM2.10, while picking up the shares en bloc at RM1.84. Trading is ok, but not in this manner, unless they do not want the placement to go through.
Shareholders should reject the placement with this happens.
Shareholders should reject the placement with this happens.
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Discussions
2 people like this. Showing 13 of 13 comments
Remarks :
The 8,557,000 shares (equivalent to 0.307% of all issued securities of AirAsia Berhad) were disposed by Tune Air Sdn. Bhd. ("TASB") in favour of Dato' Abdel Aziz @ Abdul Aziz bin Abu Bakar, a director and shareholder of TASB.
Direct Interest:
1) Tune Air Sdn. Bhd. - 20,589,569
2) Cimsec Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Tune Air Sdn. Bhd. (EDG&GCM) - 75,467,203
3) HSBC Nominees (Tempatan) Sdn. Bhd. - Credit Suisse HK for Tune Air Sdn. Bhd. - 341,000,000
4) Cimsec Nominees (Tempatan) Sdn. Bhd. - CIMB Bank for Tune Air Sdn. Bhd. (M1566A) - 22,928,000
5) Kenanga Capital Sdn. Bhd. - Pledged Securities Account for Tune Air Sdn. Bhd. - 41,005,310
6) MIDF Amanah Investment Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Tune Air Sdn. Bhd. (MGN-AAA0019M) - 1,195,000
7) RHB Nominees (Tempatan) Sdn. Bhd. - Bank of China (Malaysia) Berhad Pledged Securities Account for Tune Air Sdn. Bhd. - 14,300,000
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Tune Air Sdn. Bhd. dated 22 April 2016 received by the registered office of AirAsia Berhad on 22 April 2016.
2016-04-23 02:14
Dato' Abdel Aziz not interested to spend extra for the PP, so he sell in open market. If Tony selling, then we should worry.
Please read carefully.
http://www.airasia.com/ph/en/about-us/ir-directors-biography.page
2016-04-23 12:31
most likely TF seling to keep price below 2.10 till egm. Shareholders wont be happy if price shoot up to 2.5 on egm day.
2016-04-23 18:06
There seems to be much confusion who sold and to who.
1. "by Tune Air", it should be straight forward, the seller is Tune Air.
2. You see it happened in different dates, so it should be open market trades. The price is not announced. (So it cannot be Tune Air sold shares to DAA).
3. In favour of, could just mean "agreed by DAA". Such words are common with Tune Air previous announcement, just ignore it?
2016-04-24 01:40
newbie92, please notice Tune Air is the major shareholder of Airasia. However, it is Tune Live (a 50:50 JV between Kamarudin & TF) that is doing the PP. Never DAA involve in PP. So you should be worry??
2016-04-24 01:43
Someone claim he is SUPER TRADER, but not sure on how true, any idea from anyone?
-------------------------------
Posted by klee > Apr 24, 2016 11:58 AM | Report Abuse
My year to date 120 %,my stock pos-cv and few others,beat that or piss off,you call yourself sifu, don't laugh die me.
Nitwit like you will NEVER ever understand what a great trader is capable of.Wait till you know my 1 year return.But what heck.."SAI HEI!!"
Just be humble,talk less and learn more.We talk about hundreds of percent and not tens of percent.Don't show off your mediocre performance,it is nothing.Accept it or not.it's up to you.
2016-04-24 20:18
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Spot on. How dare TF & gangs did that by selling high & buy low via insider deal?
2016-04-23 01:01