AirAsia’s stocks appreciate on disposal of shares by EPF

KUALA LUMPUR: Shares of AirAsia Group Bhd (AAGB) and its sister company AirAsia X Bhd appreciated in active trading yesterday following recent downtrend amid news report which alleged the low-cost airline took $50 million bribes from aircraft manufacturer Airbus. The upswing in their share prices also came after the Employees Provident Fund (EPF) reportedly sold 7.92 million shares in AAGB. […]