Wee Choo Keong

The Shares “SUAP” & RM10 Million Fine!

December 20, 2018

Today the learned High Court Judge, YA Tuan Nordin Hassan had set aside the decision of the Competition Appeal Tribunal in 2016 that MAS and AirAsia did not need to pay the fine as they did not infringe the Competition Act. The learned Judge has reinstated a decision by the Malaysia Competition Commission (MyCC) that … Read more

Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million

October 1, 2013

"Now Everyone Are Not So Happy" — **“Now Everyone In the Happy Family Could Not Smile” after** the MAS-AirAsia share swap was un-wound on 1-5-2012.

For Part 1, 2 and 3 of this topic please read HERE, HERE and HERE.

1-5-2012 The notorious MAS – AirAsia share swap was unwound by PM YAB Datuk Seri Najib, HERE.

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

July 12, 2013

Now Everyone Can Buy AA X share including Maybank! — Now Everyone Can Buy AA X share including **Maybank**!

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.

“Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15”

June 11, 2013

The happy "family". Left to right: Datuk Nasir Razak, the CEO of CIMB, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Rani of AAX and Tan Sri Tony Fernandez of AAX — The “happy family” laughing all the way to the … . From left: **Datuk Seri Nazir Razak**, the CEO of CIMB Bank, **Datuk Kamarudin Meranun** of AA X, **Tan Sri Rafidah** chairman of AAX, En Azran Osman-Rani of AAX and **Tan Sri Tony Fernandes** of AAX

At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL). The retail price of the IPO is RM1.45, which is almost 10 times above its par value. Based on its retail price it would appear that AirAsia X Bhd is a rock solid company with big “dreams” otherwise its IPO price would not have been fixed at RM1.45!