<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 31): AirAsia Bhd shares, which saw active trading over the past one month, will be suspended from trading tomorrow, pending a material announcement. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The budget airline said the suspension, with effect from 9 am tomorrow, is at the company’s request.</p></div>

<div class=newsTextDataWrapInner><p>"Accordingly, trading in structured warrants relating to AirAsia will also be suspended at the same time," it added in a filing with Bursa Malaysia, after trading hours today.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Yesterday (March 30), AirAsia had denied a news report that its founders were seeking to privatise the low-cost carrier.</p></div>

<div class=newsTextDataWrapInner><p>"The founders and Tune Air indicated that they are not considering a privatisation at this stage," it said.</p></div>

<div class=newsTextDataWrapInner><p>On Monday (March 28), <em>The Edge Weekly </em>reported that AirAsia founders Tan Sri Tony Fernandes and Datuk Kamaruddin Meranun, who collectively control 18.87% of the airline through Tune Air, were in talks with Shanghai-listed China Everbright Bank Co Ltd to privatise the airline.</p></div>

<div class=newsTextDataWrapInner><p>AirAsia said it made due enquiries with all the airline's directors, and thar they are not aware of the reason for the news report. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Shares in AirAsia closed unchanged today at RM1.83, with 34.28 million shares traded, making it the fifth most active counter on the exchange. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>At RM1.83, the company had a market capitalisation of RM4.93 billion.</p></div>


KUALA LUMPUR (March 31): AirAsia Bhd shares, which saw active trading over the past one month, will be suspended from trading tomorrow, pending a material announcement.  

The budget airline said the suspension, with effect from 9 am tomorrow, is at the company’s request.

...

AirAsia shares suspended pending material announcement

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