Posted by fayeTan > 2016-04-03 13:07 | Report Abuse
Onlyone simole quesition .. Why not rights issue in which minority shareholder will be given opportunity to participate in the company growth.?
Posted by stockraider > 2016-04-03 13:16 | Report Abuse
Tony attitude is himself and pride.
If rights issue....it is like a failure for him bcos the earlier fund raising has failed mah....!!
Posted by Ezra_Investor > 2016-04-03 13:35 | Report Abuse
No point rights issue. The problem with AirAsia is that many has lost confidence. So RI will be undersubscribed.
Plus this case, it's like PP, only that it's above or at market price. PP you can say it's unfair to the shareholders. But in this case, no.
It's a clear indication of Tony's commitment and to protect shareholders' interest.
Posted by Ezra_Investor > 2016-04-03 13:36 | Report Abuse
To be honest, AirAsia's biggest asset is actually Tony himself. Much like Richard Branson to his airline company.
Posted by ahjib88 > 2016-04-03 14:08 | Report Abuse
It depend on how EPF and Wellington react on this news.
If this 2 not happy, price can drop to RM1.5.
No result.
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Posted by Icon8888 > 2016-04-03 09:59 | Report Abuse
if I am allowed to press Like 100 times, I will do it