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AirAsia owner Capital A signs LOI for SPAC listing in US

AirAsia owner Capital A signs LOI for SPAC listing in US
asianaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianaviation.com Daily Mail and Mail on Sunday newspapers.

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Capital A Berhad Signs LOI With NASDAQ-listed Aetherium Acquisition Corp.

A Letter of Intent (LOI) was entered into by Capital A Berhad, the investment holding company of AirAsia, AirAsia MOVE (formerly known as AirAsia SuperApp),

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ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.

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ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.

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Capital A, AirAsia's parent, to bring some companies public on US stock exchange

Tony Fernandes, CEO of Capital A Berhad, says it's the first step in capital raising outside ASEAN. Capital A, parent company of AirAsia, is classified as a financially distressed firm by the Malaysian government.

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Aetherium Acquisition : Capital A Berhad signs Letter of Intent with NASDAQ-listed Aetherium Acquisition Corp for business combination - Form 8-K -November 02, 2023 at 06:11 am EDT

Capital A Berhad signs Letter of Intent with NASDAQ-listed Aetherium Acquisition Corp for business combination

KUALA LUMPUR, 1 November 2023 - Capital A Berhad, the investment...

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Nasdaq move to unlock AirAsia's value in the US market

KUCHING (Nov 2): Capital A Bhd (Capital A) has proposed the listing of a unit, which is the licensee of the AirAsia brand, via a special purpose acquisition company (SPAC), on Nasdaq at a US$1 billion (about RM4.77 billion) valuation.

The group has entered into a letter of intent with Atherium Ac

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AirAsia : Capital A Berhad signs Letter of Intent with NASDAQ-listed Aetherium Acquisition Corp for business combination -November 01, 2023 at 06:28 am EDT

Capital A Berhad signs Letter of Intent with NASDAQ-listed Aetherium Acquisition Corp for business combination

Paves the way for...

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Capital A to list US$1b brand royalty and aircraft leasing unit in Nasdaq via merger with Athereum Acquisition

Capital A to list US$1b brand royalty and aircraft leasing unit in Nasdaq via merger with Athereum Acquisition
thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.

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AirAsia offloads stake in India business to Tata for $38m

Chief executive Tony Fernandes this month said AirAsia is evaluating its venture with the Tata Group, while the two expand their relationship in the digital business.
“At the right time we will make the announcements, but definitely our strength is Southeast Asia and that’s where most of our expansion is going to be over the next two to three years,” he said in a December 7 interview with Bloomberg.
AirAsia India started flying in 2014 with a promise to break even in four months. But it’s never made money in what is one of the world’s most difficult markets, where high fuel taxes and cut-throat fares often make operations unprofitable.

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