Tuesday, September 21, 2010

US fund Wellington buys 1.91m AirAsia shares

KUALA LUMPUR: US fund Wellington Management Company LLP bought 1.91 million shares of AIRASIA BHD [] from Sept 13 to 17.

A filing by AirAsia on Tuesday, Sept 20 showed the fund also disposed of 746,300 shares on Sept 13.

The recent transactions saw the fund manager increasing its stake in the low-cost carrier to 161.69 million shares or 5.85%


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