Wee Choo Leong Banner-01

Business Times

Maybank Investment pumped in another RM6.8 million to stabilize share price of AirAsia X

Now Everyone Can Buy AA X share including Maybank!
On 24-7-2013 Maybank bought another RM6.863 million worth of AirAsia X shares to stabilize the share price.
NST Business reported 25-7-2013 that Maybank Investment Bank Bhd has purchased 5.49 million shares in AirAsia X Bhd yesterday to stabilise the stock’s price. The company told Bursa Malaysia yesterday Maybank IB had purchased the shares at RM1.25 each HERE.

Read more

Who is the CEO of MAS?


Is Datuk Kamarudin Meranun the defacto CEO of MAS?

It would appear that the defacto CEO of MAS is Datuk Kamarudin Meranun, who is also the Deputy CEO of AirAsia Bhd and recently appointed Non-Executive Director of MAS after the secret MAS – AirAsia share swap was inked on 9-8-2011.  Yours truly was surprised that a Non-Executive Director of MAS was speaking as though he is the CEO of MAS.  Even the powerful En Mohammed Rashdan Yusof, the whiz kid and Tan Sri Azman Mokhtar‘s former business partner in BinaFikir Sdn Bhd, is extremely tame after the appointment of En Ahmad Jauhari as the CEO of MAS.

Read more