Merger of Airlines Alone Enough to Reverse All of Capital A's Negative Equity, Says Fernandes
The corporate exercise to merge the AirAsia airline businesses under AirAsia X Bhd (AAX) is apparently sufficient to offset all of the RM8.7 billion negative equity in Capital A Bhd, according to chief executive officer Tan Sri Tony Fernandes.
The Edge MarketsApr 26 02:51 ET
Capital A Says No Share Placement Plan, Just Its Aviation Division Exploring a Fundraising Exercise
Capital A, which is currently under Practice Note 17 (PN17) status, announced that its management "is in the midst of exploring a potential fundraising exercise by its aviation business", but has no intention to undertake a private placement of new Capital A shares.
The Edge MarketsApr 16 02:12 ET
Philippines' DoubleDragon Subsidiary Hotel101 Global to List in US
Yahoo FinanceApr 8 00:00 ET
Capital A Teams up With Two Singapore-based Firms on Travel, E-commerce Services for Asean-China Passengers
Capital A Bhd said it signed letters of intent on Friday with two Singapore-based companies for collaboration on travel and e-commerce services, as well as fintech solutions within the Asean region for airline passengers travelling to and from China.
The Edge MarketsMar 31 22:38 ET
MY Morning Wrap | S P Setia's Net Profit Soars by 71% in Q4, Surpassing Annual Sales Targets
Stocks to watch: CIMB, S P Setia, MAHB.
Moomoo News MYFeb 29 19:27 ET
MY Morning Wrap | Capital A Gets Fourth Extension to Submit Proposal to Regularise PN17 Condition
Stocks to watch: Capital A.
Moomoo News MYJan 21 19:21 ET
Analysts Positive on Capital A's Sale of Aviation Biz to AAX, but Kenanga Warns of Potential Earnings Leakages
Capital A Bhd's plan to sell its aviation business to its sister company AirAsia X Bhd (AAX) is seen as positive by analysts, despite a lack of details on the deal currently, as the disposal will pave the way for the group to exit its Practice Note (PN17) status.
The Edge MarketsJan 9 00:59 ET
Capital A Bhd Sees Significant Reduction in Q3 Net Loss to RM178.82m
Capital A Bhd's net loss reduced to RM178.82 million in its third quarter ended September 30, 2023 (Q323), compared to a net loss of RM901.31 million in the same period last year.
The Malaysian ReserveDec 4, 2023 05:00 ET
Brokers Digest: Local Equities - MNRB Holdings Bhd, NTPM Holdings Bhd, Telekom Malaysia Bhd, Capital A Bhd
MNRB Holdings Bhd Target price: RM1.40 BUY
The Edge MarketsOct 9, 2023 02:30 ET
Capital A Bhd 4Q Rev MYR2.37B Vs. MYR821.0M >5099.KU
Capital A Bhd 4Q Rev MYR2.37B Vs. MYR821.0M >5099.KU
Dow JonesFeb 28, 2023 05:15 ET
Airlines Depend On Hedging, Fuel Surcharges As Oil Surges: Report
Amid Russia's invasion of Ukraine, the oil price has surged to its highest level since 2008. This oil price increase comes as many carriers are forced to fly longer routings to avoid Russian and Ukrai
Benzinga Real-time NewsMar 7, 2022 06:40 ET
BRIEF-Capital A Bhd Posts Qtrly Loss Attributable 884.1 Mln RGT
Feb 28 (Reuters) - Capital A Bhd CAPI.KL :* QTRLY REVENUE 717.1 MLN RGT VS 328.4 MLN RGT* QTRLY LOSS ATTRIBUTABLE 884.1 MLN RGT VS LOSS OF 2.46 BLN RGT * EXPECTS FURTHER EASING OF TRAVEL RESTRICTIONS
reutersFeb 28, 2022 05:16 ET
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec
KUALA LUMPUR, Nov 8 (Reuters) - AirAsia Group Bhd'sAIRA.KL logistics arm Teleport is aiming to expand its fleet of cargo planes but that may not involve tapping into its parent's large order for Airb
reutersNov 8, 2021 02:36 ET
Malaysia's AirAsia says over 20 new airlines join Super App
KUALA LUMPUR, Oct 28 (Reuters) - AirAsia Group Bhd AIRA.KL has partnered with more than 20 airlines as it builds up its Super App into an online travel agency that also sells flights by competitors,
reutersOct 27, 2021 23:50 ET
Thai AirAsia parent plans $419 mln fundraising for travel resumption
BANGKOK, Oct 20 (Reuters) - Thai AirAsia's parent firm, Asia Aviation Pcl (AAV) AAV.BK on Wednesday said it is seeking to raise 14 billion baht ($419.29 million) as part of restructuring to prepare
reutersOct 20, 2021 07:13 ET
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