KUALA LUMPUR (Nov 11): Employees Provident Fund had on Nov 6 (Thursday), disposed two million shares in AirAsia Bhd.
According to AirAsia’s filing to Bursa Malaysia today, the provident fund’s indirect interest had fallen to 1.40%, from 1.48%, due to the share sale.
Yesterday (Monday, Nov 10), the budget airline reported a marginal 1% increase in passenger numbers for the third financial quarter ended Sept 30 (3QFY14) to 10.74 million, from 10.61 million a year ago, as capacity dropped 1% year-on-year.
Nevertheless, the group reported that its load factor or percentage of seats filled with paying passengers, was up two percentage points (ppts) to 78% from 3QFY13.
AirAsia share price closed unchanged at RM2.59 today, with 3.19 million shares having changed hands, giving it a market capitalization of RM7.2 billion.