Posted by strattegist > 2020-11-16 09:01 | Report Abuse

watakungsi

Posted by shortinvestor77 > 2020-11-16 09:07 | Report Abuse

https://www.klsescreener.com/v2/news/view/753273

Posted by shortinvestor77 > 2020-11-16 09:08 | Report Abuse

AirAsia's BigPay among eight companies approved to provide online loans

Posted by shortinvestor77 > 2020-11-16 09:08 | Report Abuse

Toward a digital bank.

Posted by shortinvestor77 > 2020-11-16 09:09 | Report Abuse

KUALA LUMPUR (Nov 13): AirAsia Bhd’s digital wallet provider BigPay Later Sdn Bhd, along with seven other “licensed credit community” companies, has obtained the approval of the Ministry of Housing and Local Government (KPKT) to provide online loans.

The approval was announced during the Ministry’s online money lending guidelines virtual session which was launched by its Minister, Zuraida Kamaruddin, today.

The seven other companies are Axiata Digital Capital Sdn Bhd, Grabfin Operations (M) Sdn Bhd, GHL Payments Sdn Bhd, Presto Credit Sdn Bhd, JCL Credit Leasing Sdn Bhd, Fortune Tree Capital Sdn Bhd and Hoop Fintech Sdn Bhd.

AirAsia Group chief executive officer Tan Sri Tony Fernandes said the approval was a lifeline to BigPay and he hoped that it would provide people the chance to do business and have a decent life.

“In this COVID-19 pandemic period, this financing will be available to the B40 group (and) the aim is trying to get loans approved in minutes,” he told Bernama.

He said although the B40 would be the biggest beneficiary from the approval, the financing would be available to other groups as well.

“It is a great technology that enables people to get the best rates. We hope AirAsia.com becomes not just your place to buy AirAsia flights; we’re building a super app.

“We’re adding more and more services, a one-stop shop — we have fintech, e-commerce, and we have some other products coming along,” he added.

The guidelines were developed for the implementation of online money lending transactions by licensed community credit companies under KPKT and to narrow the digital technology gap as well as facilitating the implementation of community credit transactions in line with the new norms requirements and environment.

It is also an effort by the Ministry to modernise the money lending industry (community credit) in line with the industry's rebranding efforts and create a more conducive, secure, controlled and orderly money lending business environment.

Posted by B4b4 > 2020-11-16 09:17 | Report Abuse

Vaccine coming from 4 directions. Everyone can fly

Posted by Thuresh5 > 2020-11-16 09:18 | Report Abuse

more than just an airline....

Posted by shortinvestor77 > 2020-11-16 09:19 | Report Abuse

Oh yes.

Posted by sampooler > 2020-11-16 10:00 | Report Abuse

The licence is not for digital bank but I think it is toward digital bank... from the 8 licence issue... maybe half will become the digital bank... i am sure AA will be among it..

Posted by shortinvestor77 > 2020-11-16 10:03 | Report Abuse

Definitely.

Posted by strattegist > 2020-11-16 10:12 | Report Abuse

green

Posted by Karlos > 2020-11-16 10:14 | Report Abuse

In the longer term, Air Asia will do well but it may take longer to recover as the situation with covid 19 is getting from bad to worse in almost all countries with the total cases reaching almost 55 millions now and growing. US alone has more than 11 millions now.

Posted by KAQ4468 > 2020-11-16 10:18 | Report Abuse

Long terms.. Confirm back to RM2.50

When??

Aiyaaaaa... Mau kena masuk gua dulu la 1 year

Posted by Cakes Moon > 2020-11-16 10:32 | Report Abuse

Walao, don't up too fast leh.
I am still waiting to average down at 50 cents.

Posted by sampooler > 2020-11-16 10:34 | Report Abuse

Remember what I said before... technical the "W" pattern is form. The uptrend is rocketing

Nov 10, 2020 10:29 AM | Report Abuse

the double bottom stock like cimb and genm also

Posted by B4b4 > 2020-11-16 10:45 | Report Abuse

Buy AA now, wait for 6 months. This is the best investment ever. Then we can all fly again next year.

Posted by Alfonso > 2020-11-16 10:47 | Report Abuse

at least tony did something such as food delivery. Although in the end Tony never sell char kuih but good to hear that he is doing well.

Please pray for AA because without AA, we can never travel in cheaper airfare.

Posted by B4b4 > 2020-11-16 10:53 | Report Abuse

Without AA, many other related industries go bust. Many more unemployment too.

Posted by DickyMe > 2020-11-16 10:54 |

Post removed.Why?

Posted by strattegist > 2020-11-16 10:58 | Report Abuse

yoooooohooooooo

Posted by sampooler > 2020-11-16 11:04 | Report Abuse

DON'T WASTED COVID

Posted by concernedworkerMCO > 2020-11-16 11:07 | Report Abuse

How does a company which is in need of a loan+guarantee from the govt give loans to other people??

Posted by Qbb99 > 2020-11-16 11:14 | Report Abuse

Good times are here again soon. Vaccine is otw.

Posted by strattegist > 2020-11-16 11:17 | Report Abuse

green

Posted by Armanhashim > 2020-11-16 11:17 | Report Abuse

Wow ... air asia look great

Posted by tkl88 > 2020-11-16 11:18 |

Post removed.Why?

Posted by Armanhashim > 2020-11-16 11:19 | Report Abuse

Is it because of RCEP ?

Posted by B4b4 > 2020-11-16 11:21 | Report Abuse

Vaccine otw from 4 directions, sir

Posted by ykyew11 > 2020-11-16 11:28 | Report Abuse

Am I the only one that sees the current price for AirAsia is still at RM0.675 on CGS? I am not sure why the price differs from Google and Yahoo finance.

Posted by Thuresh5 > 2020-11-16 11:29 | Report Abuse

i think there is a problem with CGS, i am also using it

Posted by Thuresh5 > 2020-11-16 11:31 | Report Abuse

very frustrated with their service

Posted by B4b4 > 2020-11-16 11:32 | Report Abuse

Don't worry, sir. Just buy AA shares, lock in the cupboard. Wait for good times, then everyone can fly again

Posted by B4b4 > 2020-11-16 11:33 | Report Abuse

I think systems down for CGS

Posted by Karlos > 2020-11-16 11:41 | Report Abuse

CGS having problem not only today but many times already.

Posted by DannyArcher > 2020-11-16 11:42 | Report Abuse

BigPay not under AirAsia, it is a separate company. Please dont fall for Tony's marketing. AirAsia do not own BigPay, it is parked under AA group, own by Tony. AA and AAX is listed for public.

Posted by Canlah > 2020-11-16 11:45 |

Post removed.Why?

Posted by sampooler > 2020-11-16 11:53 | Report Abuse

Yes..bigpay is under AirAsia digital directly

Posted by theidiotone > 2020-11-16 11:57 | Report Abuse

i believe holding a newly issued online lending license is a new catalyst for airasia

Posted by theidiotone > 2020-11-16 12:00 | Report Abuse

the online lending license given to bigpay is part of the rebranded airasia digital( previously called redbeat ventures) in short ,bigpay is considered part of airasia group berhad..nothing wrong with that

Posted by KAQ4468 > 2020-11-16 12:00 | Report Abuse

Aiyaaa

Posted by KAQ4468 > 2020-11-16 12:01 | Report Abuse

Tony kongkek lagi ka ini hari

Posted by theidiotone > 2020-11-16 12:01 | Report Abuse

like i mentioned, other than genting and genting M, airasia is another heavily beaten down counter during covid 19.

Posted by theidiotone > 2020-11-16 12:03 | Report Abuse

airasia has a very strong background set and brand name, with this newly issued online lending license, with this the game changer, airasia should have at least a limit up either by today or tmw, lets see.

Posted by strattegist > 2020-11-16 12:04 | Report Abuse

sustain green

Posted by theidiotone > 2020-11-16 12:04 | Report Abuse

airasia is a counter worth at least rm1.20 ,definitely not under anything below rm1.00 i expect before end of 2020, it should be at least rm1.50

Posted by Goldgent > 2020-11-16 12:04 | Report Abuse

Wah...so many people buy Malaysia Ant Group.
But why the other two ants (Axiata & GHL System) nobody touch?

Posted by supafly83 > 2020-11-16 12:05 | Report Abuse

Aiyoooo... pls push to 0.75 pls pls pls..

Posted by theidiotone > 2020-11-16 12:06 | Report Abuse

today limit up will give airasia stands at 0.96, which is just reasonable for short term, before end of this november, it should be within rm1.00-rm1.30

Posted by theidiotone > 2020-11-16 12:16 | Report Abuse

you have to know how to differentiate heavily beaten down counters like genting,genting M ,and now airasia from normal counters , axiata is already a giant while ghlsys has already priced in everything even before covid pandemic.

Posted by theidiotone > 2020-11-16 12:18 | Report Abuse

in short, airasia deserved better pricing,obviously.