The Star

Maybank Investment bought 19.5 million shares of AirAsia X to stabilise the IPO price

The highly acclaimed  journalist of the Business Star aka the promoter for AirAsia, B K Sidhu, on 18-6-2013 wrote in her column prior to the closing of the AirAsia X Bhd IPO that AirAsia X IPO will be over-subscribed by THREE to FOUR  TIMES!  For full report in HERE and article in HERE.

Maybank Investment bought 19.5 million shares of AirAsia X to stabilise the IPO price Read More »

B K Sidhu’s source said “AirAsia X IPO over subscription rate is 5 to 6 times”!

The directors/shareholders of AirAsia X Bhd, which is part of the group of AirAsia Bhd, namely Tan Sri Tony Fernandes, Datuk Kamarudin Meranun, Datuk Kalimulah Hassan, Mr Lim Kian Onn, Tuan Omar Ong  and others must be jumping for joy after reading the advertisement campaign article above by Ms B K Sidhu of the Star. 

B K Sidhu’s source said “AirAsia X IPO over subscription rate is 5 to 6 times”! Read More »

Tan Sri Azman Mokhtar: Have you read the AirAsia’s financial statements?

I would like to share this comments which I have received from a reader, Warrior 123. I am surprised that mainstream newspapers like Star and others, have resorted to quoting sources, has painted a very rosy picture of this AirAsia/MAS share swap without any analysis on the income statements of AirAsia. Please read this well

Tan Sri Azman Mokhtar: Have you read the AirAsia’s financial statements? Read More »

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