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Capital A Outlines Regularisation Plan In Shareholder Circular

ByAdmin

Capital A, the parent company of AirAsia, has taken a major step forward in its corporate restructuring process by issuing a Circular to Shareholders that outlines its Proposed Regularisation Plan. The plan includes a capital reduction of up to $1.3 billion, which aims to facilitate the company’s exit from Practice Note 17 (PN17) status on the Bursa Malaysia stock exchange.

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Capital A’s Regularisation Plan Approved by Bursa Malaysia

ByAdmin

Capital A, the parent company of AirAsia, has secured approval from Bursa Malaysia Securities for its proposed regularisation plan, a key milestone in its efforts to exit Practice Note 17 (PN17) status. This approval allows the company to move forward with its financial restructuring and business reorganisation, reinforcing its long-term growth strategy.