Malaysia’s Capital A on track to complete restructuring plan by June amid strong operational momentum
Malaysia-based Capital A Berhad has reaffirmed its confidence in completing its proposed regularization and restructuring plan by June 2025, citing continued progress across key regulatory, financial, and operational milestones. The firm said in a statement on Friday that the MYR 1 billion ($230 million) private placement for its budget airline AirAsia X is close to completion, with a...
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