Kuala Lumpur - Delayed Quote MYR

Capital A Berhad (5099.KL)

0.7350

+0.0350

(+5.00%)

At close: 4:59 PM GMT+8

Carrier AirAsia discloses new listing plans under $1.4 billion units merger

As part of the deals, long-haul airline AirAsia X will take over Capital A's aviation business and eventually create a new company thereby taking over the listing status of AirAsia X. Capital A's aviation business comprises airlines AirAsia Bhd and AirAsia Aviation Group.

Reuters 15 hours ago

5099.KL
+5.00%
5238.KL
+13.22%
AirAsia Chief to Scout for More Fundraising After SPAC Listing

AirAsia chief Tony Fernandes plans to seek fresh funding in Southeast Asia’s equities markets after a much-touted SPAC listing in the U.S. later this year.

The Wall Street Journal last month

AIABF
AirAsia Operator to List Unit in U.S. via SPAC Deal

Malaysia’s Capital A has agreed to terms to list its brand-management unit in the U.S. via a merger with a blank-check company, part of plans to grow franchise and licensing opportunities related to its operations in Southeast Asia.

The Wall Street Journal last month

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Performance Overview

Return	5099.KL	FTSE Bursa Malaysia KLCI
YTD	-10.91%	+8.28%
1-Year	-5.16%	+10.52%
3-Year	-18.33%	-2.07%