Rabu, 1 Jun 2011

NST Online Business Times : latest


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NST Online Business Times : latest


AirAsia a 'neutral' at Goldman Sachs

Posted: 01 Jun 2011 06:39 PM PDT

AirAsia Bhd was rated "neutral" in new coverage at Goldman Sachs Group Inc., which said returns will probably "remain flat due to unit cost inflationary pressure."

The brokerage set the share-price estimate at RM3.20, according to a report by analysts Hino Lam and Ricky Tsang. –- Bloomberg

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Fernandes offer for West Ham rejected

Posted: 01 Jun 2011 06:41 PM PDT

West Ham United PLC joint chairman David Sullivan said an approach by AirAsia Bhd chief executive officer Tony Fernandes to buy a stake in the English soccer club has been "immediately rejected."

"He has announced this on Twitter and people can draw their own conclusions as to the seriousness of it from that," Sulivan said in a statement on the club's website.

"We are not looking to sell the club, but, as we have always said, we would love co-investors to join us in rebuilding West Ham United."

He confirmed the owners did receive an e-mail from Fernandes. – Bloomberg

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