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AirAsia's parent company aims to exit special financial status by May after gaining key approvals.
Capital A Bhd, parent company of AirAsia, plans to exit the Practice Note 17 (PN17) status by May 2025, following shareholder and High Court approval of its regularisation plan.
Bursa Malaysia Securities also approved the plan on March 7, clearing a major hurdle.
The company will call for a shareholder meeting in April and aims to unlock growth opportunities and access to capital markets.
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La empresa matriz de AirAsia pretende salir del estatus financiero especial para mayo después de obtener aprobaciones clave.