News Formal

AirAsia X shareholders approve acquisition of Capital A's RM6.8bil aviation business

  • 📰 staronline
  • ⏱ Reading Time:
  • 12 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 75%

Aviation News

AAX,AAAGL,AAB

(Reuters) - Brazil enjoyed a thumping 4-0 win over Peru in a 2026 World Cup qualifier on Tuesday to build on the momentum from last week's come-from-behind win in Chile but head coach Dorival Junior said his side remain very much a work in progress.

’s shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd and AirAsia Bhd for RM6.8 billion.

"This pivotal decision clears the path for AAX’s transformative acquisition which is expected to be completed by year-end as an enlarged aviation group, subject to final court and regulatory approvals,” it said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AirAsia X issues circular on proposed RM6.8bil acquisition for shareholders' reviewBANGKOK: A crocodile farm in Thailand has culled 125 of the reptiles because of fears they could escape during ongoing floods and endanger human lives, the owner said on Wednesday (Sept 25).
Source: staronline - 🏆 4. / 75 Read more »

Capital A to seek shareholder approval for aviation business sale to AirAsia X at October EGMKUALA LUMPUR, Sept 23 — Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024, where the proposed disposal of its aviation business to sister company...
Source: malaymail - 🏆 1. / 86 Read more »