Choi aims to ace it with AirAsia

TheStar Wed, Mar 17, 2021 07:40am - 3 years View Original


“In terms of management efficiency, AirAsia is being run by the top notch in the industry and it has an excellent track record in terms of management, operations and the support of the local community, ” Stanley Choi told StarBiz.

PETALING JAYA: Stanley Choi’s increased stake in low-cost carrier AirAsia Group Bhd is no ordinary bet but one where he has factored in calculated risks just like he would in any of his poker games.

The professional poker player and investor from Hong Kong started looking at the aviation industry when it bottomed out between June and July last year and just as how Covid-19 was an unprecedented pandemic, Choi viewed it as an investment opportunity of a lifetime.

And as he hunted for companies to invest in, he realised that AirAsia appealed to him the most in terms of its fundamentals and management style.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

CAPITALA 0.880
MEDIA 0.465

Comments

Login to comment.