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Capital A, parent of AirAsia, aims to exit PN17 status by May 2025, enhancing market access.
Capital A Bhd, parent of AirAsia, aims to exit Practice Note 17 status by May 2025, following shareholder and court approvals.
The company will hold an extraordinary general meeting in April and needs High Court approval for a capital reduction plan.
Bursa Securities has also approved its regularization plan, marking a significant step towards stabilizing and growing the business.
This move will unlock new growth opportunities and potentially allow individual listings of its six key portfolio companies.
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Capital A, matriz de AirAsia, tiene como objetivo salir del estado PN17 para mayo de 2025, mejorando el acceso al mercado.