| 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. |
Perhaps on 8-8-2011, when Khazanah Nasional Bhd thumb printed its intention to purchase 10% of AirAsia X Sdn Bhd, as part of its attempt to save MAS from imminent collapsed, and commissioned Morgan Stanley Investment Bank to do a valuation of AirAsia X Sdn Bhd, it was totally ignorant of the corporate structure of AirAsia X Sdn Bhd that:
a. 31.7 % of its shares are foreign owned; and
b. sustained a loss of RM89, 835, 000-00 as recorded with the authority and etc.