Individual investors hold the majority stake in AirAsia X Berhad, with a 43% ownership, whilst institutional investors have a fair amount of stake in the company indicating that it has some degree of credibility in the investment community. However, more than half of the company’s shares are owned by the top six shareholders, indicating the interests of the larger shareholders are balanced out to an extent by the smaller ones. Hedge funds have very few shares in AirAsia X Berhad, and according to Simply Wall St, while insider ownership is a positive indication that the board is well aligned with other shareholders, on some occasions too much power is concentrated within this group. Furthermore, the general public, which includes retail investors, own 43% stake in the company and whilst this group can’t necessarily call the shots, it can certainly have a real influence on how the Airline is run.
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