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Jan 8, 2024 · The twists and turns at Capital A, the parent of AirAsia, reached a new high today when the company announced it was selling AirAsia Malaysia and the AirAsia Aviation Group to AirAsia X. The proposed sale includes the AirAsia airlines in Thailand, Indonesia, Philippines and Cambodia, in effect stripping out the aviation businesses from Capital A.
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Jan 28, 2022 · KUALA LUMPUR, 28 January 2022 - AirAsia Group Berhad has today announced a name change for the group holding company to become Capital A Berhad (Capital A or the Group).
Apr 26, 2024 · The divestment of AirAsia Aviation Group Limited (AAAGL), consisting of AirAsia subsidiaries in Thailand, Indonesia, the Philippines and Cambodia, will be fulfilled through the issuance of new AirAsia Group shares to Capital A worth RM3 billion.
Get the latest AirAsia X Bhd (AAX) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
Apr 25, 2024 · The NewCo will then acquire Capital A's aviation business — AAB and AirAsia Aviation Group Ltd (AAAGL) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo — 2.31 billion shares at RM1.30 each — to acquire AAAGL.
Jan 8, 2024 · 08 Jan 2024 01:48PM (Updated: 08 Jan 2024 08:34PM) Malaysia's Capital A Berhad said on Monday (Jan 8) it intends to sell its aviation business to long-haul unit AirAsia X, with a goal of...
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May 6, 2024 · The restructuring plan, which was unveiled last Thursday (April 26), will see Capital A divesting its short-haul airline to AAX in a RM6.8 billion deal.