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US fund sells 2.89m AirAsia shares

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US fund sells 2.89m AirAsia shares  Empty US fund sells 2.89m AirAsia shares

Post by hlk Thu 24 Nov 2011, 18:21

KUALA LUMPUR (Nov 24): US-based fund Wellington Management Company LLP disposed of 2.89 million shares from Nov 16 to 18.

A filing with Bursa Malaysia showed the fund had also acquired 45,200 share in the same period.

The recent transactions saw the fund’s stake in the low-cost carrier increase to 190.490 million shares or 6.86%.
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