ADVERTISEMENT

Windfall for AirAsia investors? Share rises 13.8%


“The proceeds from the aircraft leasing unit could be driving the rise in share price as investors are expecting a windfall in a form of a special dividend,’’ said an industry source.  “We expect the dividend payout to be anything from 75 sen to 91 sen a share,’’ he added

“The proceeds from the aircraft leasing unit could be driving the rise in share price as investors are expecting a windfall in a form of a special dividend,’’ said an industry source. “We expect the dividend payout to be anything from 75 sen to 91 sen a share,’’ he added

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.

Airlines , Corporate News , airasia

   

ADVERTISEMENT