Thursday, 18 July 2013

MIBB pumps another RM8.45m into AirAsia X

Maybank Investment Bank Bhd (MIBB) has again pumped some RM8.45m into AirAsia X this week to defend the latter's share price from falling. Three filings by AirAsia X to Bursa Malaysia this week showed that MIBB bought 750,000 AirAsia X shares on Monday, another 6.01m shares on Tuesday and about 3.2m shares yesterday at an average price of RM1.25 a share. (BT)

Source: CIMB Daybreak - 18 July 2013

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