{"id":8381,"date":"2021-02-25T12:04:25","date_gmt":"2021-02-25T04:04:25","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=8381"},"modified":"2021-02-25T12:04:27","modified_gmt":"2021-02-25T04:04:27","slug":"airasia-welcomes-stanley-choi-as-a-substantial-shareholder","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=8381","title":{"rendered":"AirAsia welcomes Stanley Choi as a substantial shareholder"},"content":{"rendered":"\n<p>KUALA LUMPUR, Feb 25 &nbsp;&#8212;&nbsp;Dr Stanley Choi Chiu Fai, chairman of Head &amp; Shoulders Financial Group, and chairman and executive director of International Entertainment Corporation (IEC),&nbsp;has joined&nbsp;AirAsia Group Bhd as&nbsp;a substantial shareholder.<\/p>\n\n\n\n<p>He joined the group via his wholly-owned entity Positive Boom Ltd on Feb 18,&nbsp;2021, Air Asia said in a statement on Thursday.<\/p>\n\n\n\n<p>Stanley Choi has\u00a0acquired 167.1 million AirAsia shares in the first tranche of the private placement, raising his shareholding in the group to 332.5 million shares equating to an 8.96 percent\u00a0stake.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png\" alt=\"stanley choi\" class=\"wp-image-8382\" width=\"515\" height=\"318\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png 587w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47-300x186.png 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47-162x100.png 162w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47-350x216.png 350w\" sizes=\"auto, (max-width: 515px) 100vw, 515px\" \/><\/figure><\/div>\n\n\n\n<p>\u201cIt is my great pleasure and honour to gain a substantial ownership stake in AirAsia Group as the low cost airline has a very bright future ahead. I look forward to working with everyone at AirAsia,\u201d he said.<\/p>\n\n\n\n<p>Meanwhile, AirAsia executive chairman Datuk Kamarudin Meranun said the group is&nbsp;thrilled to welcome&nbsp;Stanley Choi as a strategic shareholder, bringing an impressive track record and solid reputation as a business powerhouse to the&nbsp;group.<\/p>\n\n\n\n<p>\u201cWe are confident that he will add value to our digital business development in China through his vast experience and network with top digital players in the country,\u201d he said.<\/p>\n\n\n\n<p>&#8212; <a href=\"https:\/\/www.bernama.com\/en\/business\/news.php?id=1934925\">BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Feb 25 &nbsp;&#8212;&nbsp;Dr Stanley Choi Chiu Fai, chairman of Head &amp; Shoulders Financial&#8230;<\/p>\n","protected":false},"author":1,"featured_media":8382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[524],"tags":[],"class_list":["post-8381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47-300x186.png",300,186,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/02\/Screen-Shot-2021-02-25-at-12.00.47.png",587,363,false]},"author_info":{"info":["Editor"]},"category_info":"<a href=\"https:\/\/newmalaysiatimes.com\/?cat=524\" rel=\"category\">Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/8381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8381"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/8381\/revisions"}],"predecessor-version":[{"id":8383,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/8381\/revisions\/8383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/8382"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}