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Notable Trade EPF sells two million shares in AirAsia
by Cals Wed 12 Nov 2014, 03:04
Notable Trade
EPF sells two million shares in AirAsia
By Chester Tay / TheEdge Markets.com | November 11, 2014 : 9:35 PM MYT
KUALA LUMPUR (Nov 11): Employees Provident Fund had on Nov 6 (Thursday), disposed two million shares inAirAsia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).
According to AirAsia’s filing to Bursa Malaysia today, the provident fund’s indirect interest had fallen to 1.40%, from 1.48%, due to the share sale.
Yesterday (Monday, Nov 10), the budget airline reported a marginal 1% increase in passenger numbers for the third financial quarter ended Sept 30 (3QFY14) to 10.74 million, from 10.61 million a year ago, as capacity dropped 1% year-on-year.
Nevertheless, the group reported that its load factor or percentage of seats filled with paying passengers, was up two percentage points (ppts) to 78% from 3QFY13.
[size=14]AirAsia share price closed unchanged at RM2.59 today, with 3.19 million shares having changed hands, giving it a market capitalization of RM7.2 billion. [/size]
EPF sells two million shares in AirAsia
By Chester Tay / TheEdge Markets.com | November 11, 2014 : 9:35 PM MYT
KUALA LUMPUR (Nov 11): Employees Provident Fund had on Nov 6 (Thursday), disposed two million shares inAirAsia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).
According to AirAsia’s filing to Bursa Malaysia today, the provident fund’s indirect interest had fallen to 1.40%, from 1.48%, due to the share sale.
Yesterday (Monday, Nov 10), the budget airline reported a marginal 1% increase in passenger numbers for the third financial quarter ended Sept 30 (3QFY14) to 10.74 million, from 10.61 million a year ago, as capacity dropped 1% year-on-year.
Nevertheless, the group reported that its load factor or percentage of seats filled with paying passengers, was up two percentage points (ppts) to 78% from 3QFY13.
[size=14]AirAsia share price closed unchanged at RM2.59 today, with 3.19 million shares having changed hands, giving it a market capitalization of RM7.2 billion. [/size]
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