AirAsia jumps on KKIA Terminal 2 hope

KUALA LUMPUR: Share price in AirAsia Bhd climbed to its highest since Pakatan Harapan won the general election on May 9, bolstered by news that the government is looking into the budget carrier’s request to move its base in Kota Kinabalu to a dedicated low cost terminal.

At 3.30pm. the stock was up 12 sen at RM3.52 as at 3.30pm with 16.6 million shares changing hands.