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Capital A's subsidiary ADE secures USD 100 million in financing to expand aircraft maintenance footprint
Asia Digital Engineering (ADE) is a subsidiary of Capital A Bhd $CAPITALA (5099.MY)$ that provides aircraft maintenance, repair, and overhaul services—commonly known as MRO services.
The company announced it has secured USD 100 million in financing from QNB Group, equivalent to approximately MYR 396.6 million.
The financing will be used to support ADE’s continued business expansion and capacity enhancement, particularly against the backdrop of steadily rising aircraft maintenance demand, further strengthening the company's technical capabilities and regional market position.
ADE is accelerating its expansion, aiming to become one of the fastest-growing and largest aircraft maintenance service providers in Southeast Asia.
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