PETALING JAYA: Stanley Choi’s increased stake in low-cost carrier AirAsia Group Bhd is no ordinary bet but one where he has factored in calculated risks just like he would in any of his poker games. Choi, whose first experience with AirAsia was on a flight from Kaohsiung to Manila two years ago, believed AirAsia would be among the first to bounce back as the economy recovers. On his involvement in AirAsia, Choi said he would remain a passive investor but contribute his thoughts and expertise on mergers and acquisitions (M&As) as well as expanding the airline’s network to China, Hong Kong and Macau. While Choi is ultimately looking for the royal flush from his investment in AirAsia, he is aware that it all depends on how the economic recovery comes along. In this, Choi said his investment in AirAsia is akin to him holding pocket queens or jacks, which are among the strongest pairs in the game.

Source: The Star March 15, 2021 23:35 UTC