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flag AirAsia's parent company aims to exit financial trouble by May 2025, with key approvals secured.

flag Capital A Bhd, parent of AirAsia, plans to exit the financially troubled Practice Note 17 status by May 2025. flag The company has received shareholder and High Court approval for its regularization plan, which was also greenlit by Bursa Malaysia Securities. flag 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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