On 22 November 2004, 3 years after Tune Air took over, airasia was listed on Bursa Malaysia – the biggest Initial Public Offering of the year. Our stock hit a high of RM1.45 before closing at RM1.40, reaching the higher end of analysts’ expectations, up 12% from the 1.25 ringgit paid by institutional investors and 20% above the 1.1625 ringgit paid by retail investors. “We are quite happy with what we have got”, says Tony. Read more about it here.

Details

Year
2004
Country
Malaysia
Item Type
Photograph
Dimensions
151mm x 100mm
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