AirAsia rebounds following PM's comments

Tun Dr Mahathir Mohamad said on Thursday it was normal to ask for an “offset” in business dealings provided the money is not taken for personal use.

KUALA LUMPUR: Shares of AirAsia Group Bhd rose to a high of RM1.25 in afternoon trade on Thursday as investors took heart from comments by the Prime Minister over the low-cost carrier's business deals.

At 2.37pm, its share price was up seven sen to RM1.23. There were 65.66 million shares done at prices ranging from RM1.17 to RM1.25.