KUALA LUMPUR, April 26 — AirAsia Group Sdn Bhd (AAG) is poised to be listed on Bursa Malaysia in September, taking over the listing status of AirAsia X Bhd, said Capital A Bhd...
Why run when we're not even doing anything? Zambry labels pro-Israel professor 'dangerous' for calling Malaysia unsafe, 'Islamo-fascist'
He said AAG is a combined airline under AirAsia Aviation Group Ltd , consisting of AirAsia subsidiaries in Thailand, Indonesia, the Philippines and soon Cambodia together, with AirAsia Bhd which handles operations in Malaysia. Fernandes said he believes the move will pave the way for Capital A to exit PN17 status after the divestment of its wholly-owned subsidiaries — AAAGL and AAB.“So the first thing is to get the circular done for this transaction which I hope will be done in two weeks. Then we have to submit it to Bursa Malaysia for approval which I hope can be done quickly.
Post-divestment, he said Capital A will retain four core businesses, including Capital A Aviation Services, Teleport, MOVE Digital, and Capital A International.He said AirAsia Group will be optimising their profitability with an efficient fleet model, with the company upsizing the A320s model and downsizing the A330s to A321 Neo models.
Airasia Shares Airasia Group Sdn Bhd AAG
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