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 BREAK: Capital A sells AirAsia Malaysia

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TSLembu Goreng
post Jan 8 2024, 02:52 PM, updated 2y ago

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KUALA LUMPUR, 8 January 2024 – Capital A Berhad, the leading aviation and travel services group and parent company of AirAsia, today announced that it has entered into a non-binding letter of offer with AirAsia X Berhad (“AAX”) for the proposed disposal of its aviation business, namely AirAsia Berhad (AirAsia Malaysia) and AirAsia Aviation Group Limited (AirAsia subsidiaries in Thailand, Indonesia, Philippines, and Cambodia). The strategic move is aimed at streamlining the group and facilitating a business-centric valuation of the separate entities, potentially unlocking greater value to shareholders.

This post has been edited by Lembu Goreng: Jan 8 2024, 02:57 PM
jmas
post Jan 8 2024, 02:53 PM

I can edit title???
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Capital A selling
not Capital A to be sold...
pobox
post Jan 8 2024, 02:54 PM

On my way
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Typical left pocket to right pocket move
river.sand
post Jan 8 2024, 02:54 PM

Look at all my stars!!
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QUOTE(Lembu Goreng @ Jan 8 2024, 02:52 PM)
no X account cannot read ah...
Please copy & paste the contents, tq
desmond2020
post Jan 8 2024, 02:55 PM

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clickbait title is shameless
myasiahobby
post Jan 8 2024, 02:55 PM

On my way
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Tambi refund mana?
Matchy
post Jan 8 2024, 02:55 PM

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left pocket, right pocket
SUSMr Mercedes
post Jan 8 2024, 02:57 PM

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Left pocket masuk right pocket.


teehk_tee
post Jan 8 2024, 03:00 PM

ไม่เป็นไร
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topkek how many decades do this game
faizalfaizal
post Jan 8 2024, 03:02 PM

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I am buruh kasar and don't understand much. Is this a sendiri jual sendiri beli kind of sale?
Matchy
post Jan 8 2024, 03:08 PM

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then Tony will announce he will step down from Capital A..

and then become CEO of AAX. Typical modus operandi by him.
TruboXL
post Jan 8 2024, 03:08 PM

Keep on keeping on! 👍
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inb4 refund sayonara
bashlyner
post Jan 8 2024, 03:10 PM

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Smell like a move to fucuk over small time investor, any sifu can share what Tony is cooking?
g5sim
post Jan 8 2024, 03:10 PM

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QUOTE(faizalfaizal @ Jan 8 2024, 03:02 PM)
I am buruh kasar and don't understand much. Is this a sendiri jual sendiri beli kind of sale?
*
Lol kan 🤣😂
MR_alien
post Jan 8 2024, 03:12 PM

Mr.Alien on the loss
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capital A selling airasia to airasia X

sounded like our najib scandal
yhtan
post Jan 8 2024, 03:14 PM

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QUOTE(bashlyner @ Jan 8 2024, 03:10 PM)
Smell like a move to fucuk over small time investor, any sifu can share what Tony is cooking?
*
Restructuring of the whole Airasia group

AAX - Aviation business
Capital A - bigpay, teleport and other digital business
SUSceo684
post Jan 8 2024, 03:21 PM

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LPPL refund mana refund
9m2w
post Jan 8 2024, 03:24 PM

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QUOTE(yhtan @ Jan 8 2024, 03:14 PM)
Restructuring of the whole Airasia group

AAX - Aviation business
Capital A - bigpay, teleport and other digital business
*
Topkek how is Capital A gonna exit PN17? They have nothing tangible liao
river.sand
post Jan 8 2024, 03:25 PM

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QUOTE(yhtan @ Jan 8 2024, 03:14 PM)
Restructuring of the whole Airasia group

AAX - Aviation business
Capital A - bigpay, teleport and other digital business
*
What will happen to the share price of Capital A after it sells AA to AAX?

This post has been edited by river.sand: Jan 8 2024, 03:25 PM
SUSandylyc
post Jan 8 2024, 03:26 PM

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Habislah! Another MyAirline coming soon

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