Capital A to hold EGM on Oct 14 to get shareholders’ approval for sale of aviation business

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sunbiz Noticias

México Últimas Noticias,México Titulares

KUALA LUMPUR: Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, where the proposed disposal of its aviation business to sister...

Capital A Bhd will hold an extraordinary general meeting on Oct 14, where the proposed disposal of its aviation business to sister company AirAsia X Bhd will be tabled for shareholders’ approval.

CEO Tan Sri Tony Fernandes said the pro forma effects of the proposed disposal based on the financial statement as of Dec 31, 2023, as included in the circular to shareholders dated Sept 20, 2024, shows that Capital A shareholders’ equity will turn to positive of RM649 million from a negative of RM8.8 billion.

These critical steps will enable Capital A to achieve a clean balance sheet and focus on submitting its regularisation plan soon, with the aim of exiting Practice Note 17 status, it added.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 25. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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...
Fuente: malaymail - 🏆 1. / 86 Leer más »