Business

Published: Friday March 8, 2013 MYT 4:02:00 PM

AirAsia rises to RM3, highest since November


KUALA LUMPUR: Shares of AirAsia Bhd rose to RM3 on Friday, the highest since Nov 6, 2012 ahead of its 18 sen per share dividend going ex on March 13.

At 3.47pm, it was up two sen to RM2.98. There were 13.22 million shares done at prices ranging from RM2.95 to RM3.

RHB Research Institute has a fair value of RM3.39 for the low-cost carrier.

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