Capital A
Capital A secures Bursa Securities’ approval for PN17 regularization plan
Malaysia-based Capital A Berhad has reached a major milestone in its financial transformation journey with the approval of its proposed regularization plan by Bursa Malaysia Securities Berhad.
AirAsia X announces the extension of time to complete the acquisition of Capital A’s aviation business
The timeline has been extended by two months, from Jan 25 to Mar 24, 2025, allowing both parties additional time to finalize the transaction for AAAGL and AAB.
AirAsia X shareholders back acquisition of Capital A’s aviation business
Malaysia-based low cost carrier AirAsia X (AAX) announced that its shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.58 billion), during the extraordinary general meeting (EGM) held on…
Shareholders greenlight Capital A’s aviation business disposal to AirAsia X
Malaysia-based Capital A Berhad announced Monday that shareholders have voted in favor of the proposed disposal of the group’s aviation business to AirAsia X (AAX) at an extraordinary general meeting (EGM).
AirAsia X to complete Capital A’s aviation business acquisition by end of this year
Malaysia-based budget airline AirAsia X (AAX) is expected to complete the acquisition of Capital A Berhad’s aviation business for MYR 6.8 billion ($1.49 billion) by the end of this year.
Capital A chief Fernandes demands answers from Microsoft with airlines losing ‘millions’ in global IT outage
The global tech glitch affected flights, banking and company operations in Malaysia, Hong Kong, Singapore, the United States, the United Kingdom, India and Australia, according to various media reports.
Capital A partners Trip.com to enhance travel offerings
Malaysia-based Capital A announced last Friday it has signed a comprehensive partnership with China’s leading global travel service provider Trip.com Group, aimed at enhancing travel offerings and market reach across Asia.
Capital A’s digital arm forms strategic partnership with Ant International
The partnership covers various areas, exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the Micro, Small & Medium…
Tony Fernandes’s global empire to be broken up into five listed companies “utlimately”
“So in the end, my dream is when I retire, five listed companies, one in America and four in other parts of Asean,” Tony Fernandes said.
AirAsia parent Capital A to list brand management business on NASDAQ via SPAC deal
The proposed business combination will be at an indicative equity value of $1 billion based on an independent valuation of the AirAsia Brand.
