Windfall for AirAsia investors? Share rises 13.8%


FILE PHOTO: An AirAsia Airbus A320-200 plane arrives at Kuala Lumpur International Airport 2 in Malaysia December 13, 2017. REUTERS/Lai Seng Sin/File Photo

PETALING JAYA: In just three days, the share price of AirAsia Bhd rose 36 sen or 13.8% on talks that the airline has received the proceeds from the sale of its aircraft leasing unit.

The share price rose from RM2.60 a share three days ago to close yesterday at RM2.96.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , AirAsia , dividend , shares , windfall ,

   

Next In Business News

China makes moves in digital culture market
Over 90% of entrepreneurs have yet to adopt e-invoicing - expert
Oil heads for weekly gains on anxiety over intensifying Ukraine war
S&P lowers outlook on three Adani units after US indictment of founder
Bumi Armada posts higher net profit of RM211.33mil in 3Q
Affin Bank's net profit jumps 45% to RM145.82mil in 3Q
KLCI remains positive as heavyweights bounce higher
Malaysia's inflation comes in at 1.9% in Oct
Globetronics shares rally in early trade after Taiwan deal
Nissan to cut or transfer about 1,000 jobs in Thailand, sources say

Others Also Read