‘AIRASIA SHARES WORTH RM6’ – TONY FERNANDES DENIES RETIREMENT, CASHING-OUT RUMOURS

PETALING JAYA – AirAsia Bhd, which is currently trading at RM3.22, is worth RM6, according to co-founder and group CEO Tan Sri Tony Fernandes.

Fernandes, an avid user of Twitter, also laughed off retirement rumours.

AirAsia shares gained three sen, or 0.94% to RM3.22 in early trade Wednesday while AirAsia X was unchanged at 33.5 sen.

“I told analysts we we were worth RM3  when we were 0.70 cents. Now I say we are worth 6.00.

“There is no airline that has as much growth as airaosa (AirAsia) with a huge digital strategy that has assets worth more than our present market capitalisation,” Fernandes tweeted this morning.

“Laughable that there is a rumour I’m retiring. My announcement is an exciting one that charts our future of AIRASIA,” he said.

He followed up that tweet with another one: “So not going anywhere. Exciting times ahead.”

– ANN

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