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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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Ifvex

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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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