Capital A to seek shareholder approval for aviation business sale to AirAsia X at October EGM

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Capital A Bhd News

Airasia X Bhd,Aviation Business,Sale

KUALA 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...

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King: Visit to China a success, Malaysia can emulate many things to restore country’s reputation after previous challenging years The operator of low-cost carrier AirAsia said this key step comes as part of its strategic move to streamline and drive long-term growth across its aviation and non-aviation businesses.

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.

 

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