Draft:Capital A
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Last edited by N niyaz (talk | contribs) 16 days ago. (Update) |
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| Company type | Public limited company |
|---|---|
| MYX: 5099 | |
| ISIN | MYL5099OO006 |
| Industry |
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Key people |
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| Subsidiaries |
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| Website | capitala |
Capital A Berhad (MYX: 5099) doing business as Capital A (formerly known as AirAsia Group Berhad) is a Malaysian investment holding company with a portfolio in the aviation, digital and finance industries. The company plans to sell their aviation business to AirAsia X Berhad as apart of a restructuring exercise.[2]
History[edit]
On January 28, 2022, the company announced that they would change their legal name from AirAsia Group Berhad to Capital A Berhad citing the nature of the company extending beyond aviation.[3]
On April 26, 2024, Capital A Berhad entered into a conditional sale and purchase agreement with AirAsia X Berhad to sell 100% of AirAsia Berhad and AirAsia Aviation Group Ltd. which owns AirAsia Cambodia, Indonesia, Philippines and Thailand for RM 6.8B.[2][4]
References[edit]
- ^ "Capital A | Corporate Leadership".
- ^ a b "Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil | The Star".
- ^ "AirAsia changes name to Capital A as it grows beyond an airline | Reuters".
- ^ "'The Beginning of a New Era' Capital A and AirAsia Group sign a conditional sale and purchase agreement on the divestment of Capital A's airline business — AirAsia Newsroom".