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2025-02-15 15:09:20 -

AirAsia MOVE’s monthly active users and number of transactions up quarter on quarter in fourth quarter 2024
Malaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has achieved higher monthly active users (MAUs) and number of transactions during the fourth quarter of 2024, driven by continuous improvements of the platform. The firm said in a statement on Wednesday that it saw 16 percent quarter on quarter increase in MAUs to 15.22 million during the fourth quarter last year....

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2025-05-03 11:37:40 -

Malaysia’s Capital A eyes dual listing in Hong Kong to accelerate growth, unlock new capital pools
Malaysia-based Capital A Berhad has on Friday announced that it is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX), as part of its strategic effort to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth. The firm said in a statement that the initiative follows a senior meeting...

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2025-05-03 12:49:22 -

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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2025-05-10 06:17:39 -

Malaysia’s Capital A shareholders approve capital reduction for PN17 exit plan
Malaysia-based Capital A Berhad announced Thursday that its shareholders has approved capital reduction for PN17 exit plan. The firm said in a statement that the shareholders and RCUIDS holders have unanimously approved a key resolution at the company’s extraordinary general meeting (EGM), namely the rroposed regularization plan comprising the capital reduction of up to RM6 billion....

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