AirAsia jumps 16.56% after high stakes poker player Stanley Choi confirms investment
Stocks of the low-cost airline AirAsia have surged tremendously following news that Stanley Choi is a substantial shareholder. AirAsia Group shares jumped 16.56% after it was confirmed that the high stakes poker player had invested through a private placement deal.
Stanley Choi Rescues Flailing Airline
AirAsia was having a tough time, like most airlines during the COVID pandemic, until Stanley Choi stepped in.
The Hong Kong businessman has invested more than $28,000,000 into the Malaysian firm and looks to have had an immediate impact.
Shares in both AirAsia Group Bhd and AirAsia X Bhd, the low-cost long-haul affiliate, were among the most traded stocks this morning as excited investors tried to jump on the opportunity.
AmInvestment Bank Research told the media that it was still unknown if Stanley Choi would be a passive investor with his 8.96%stake, or otherwise.
One thing is for sure, any AirAsia stakeholders who have ever seen him play high stakes poker will be wanting him in the boardroom making decisions.
Who Is Stanley Choi? Could He Be crazytrader?
Stanley Choi is one of the most successful businessmen in Asia. The Hong Kong native has a reputation for taking on high-risk projects, and usually he pulls it off.
The General Manager of the Tat Lee trading company loves to engage in some real high stakes during his time off with many appearances in the Triton High Roller events, and even on TV show Poker after Dark.
As well as being a business wizard, could he also be the online high stakes crusher currently tearing up the tables on crazytrader is a beast and one of the most feared players on the legendary $1,000/$2,000 cash game. Rumours are building that this could actually be Stanley Choi.
With almost $8 million worth of live tournament winnings Choi is proven at the very highest level in tournaments. But if he really is crazytrader then this would put him squarely among the elite in the game: equally able to crush both cash games and MTTs
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