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AirAsia's parent company aims to exit financial trouble by May 2025, with key approvals secured.
Capital A Bhd, parent of AirAsia, plans to exit the financially troubled Practice Note 17 status by May 2025.
The company has received shareholder and High Court approval for its regularization plan, which was also greenlit by Bursa Malaysia Securities.
This approval marks a key step toward stabilizing and growing the business, potentially leading to individual listings for its key portfolio companies.
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La empresa matriz de AirAsia tiene como objetivo salir de problemas financieros en mayo de 2025, con aprobaciones clave aseguradas.