Bursa Malaysia Stock Watch

AirAsia rises on maiden dividend plan

kltrader
Publish date: Thu, 28 Apr 2011, 10:58 AM
kltrader
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AirAsia Bhd, Southeast Asia's biggest budget airline, rose to its highest level in more than two months in Kuala Lumpur trading after saying it will pay an inaugural dividend of 3 sen per share.

The stock added 1.1 per cent to RM2.76 at 9:24 a.m. local time, set for its highest close since Feb. 21. -- Bloomberg
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