Posts in Global
Capital A announces partnership with UnionDigital Bank

Capital A is entering into a partnership with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, involving three key subsidiaries, namely AirAsia, airasia Superapp, and BigPay. These collaborations were unveiled at the APEC Business Advisory Council (ABAC) meeting press conference in Cebu on Sunday, attended by industry leaders and policymakers.  

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ADE and UPSI join forces to pave the way for Metaverse, AI and Robotics advancements in aviation

Asia Digital Engineering (ADE), the engineering and maintenance arm of  Capital A, has signed a Letter-of-Intent (LOI) with Universiti Pendidikan Sultan Idris (UPSI) today to initiate a groundbreaking research collaboration in the fields of Metaverse, Artificial Intelligence (AI), and Robotics. This strategic partnership brings together ADE's digital expertise in aviation and UPSI's exceptional capabilities in effective learning methods, setting the stage for unprecedented advancements in the aviation industry. Alongside ADE are the likes of Microsoft and other renown tech companies forging its respective partnerships with UPSI.

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AirAsia X applies to exit PN17 status

AirAsia X Berhad (“AAX”) is seeking a relief from Bursa Malaysia Securities Berhad (“Bursa Securities”) to exempt the airline from the requirement to submit a Proposed Regularisation Plan as required under Paragraph 8.04(3)(A) of the Main Market Listing Requirements (“MMLR”) of Bursa Securities (“Proposed Relief”). Subsequently the airline is also  seeking the upliftment of AAX from being classified as a Practice Note 17 (“PN17”) Affected Listed Issuer (“PN17 Upliftment”).


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