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AirAsia slides on 23pc Q1 profit dive Posted: 24 May 2011 06:13 PM PDT AirAsia Bhd, Southeast Asia's biggest discount airline, fell to a three-week low in Kuala Lumpur trading after first-quarter profit fell 23 per cent from a year earlier to RM171.9 million. The stock slid 2.3 per cent to RM2.99 at 9:02 a.m. local time, set for its lowest close since May 4. -- Bloomberg |
Jerneh Asia climbs on dividend plan Posted: 24 May 2011 06:17 PM PDT Jerneh Asia Bhd, a Malaysian company which sold its insurance stake, rose to the highest level in a month in Kuala Lumpur trading after announcing plans to pay a dividend of as much as RM2.52 a share. The stock climbed 1.6 per cent to RM3.24 at 9:09 a.m. local time, set for its highest close since April 21. -- Bloomberg
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