Thursday, April 28, 2011

AirAsia rises on maiden dividend plan

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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