Posts in Global
AirAsia X secures full subscription for RM1 billion placement, enters final stage of group consolidation

AirAsia X Berhad (“AirAsia X” or “the Company”) today announced that it has fixed the price of its Proposed Private Placement at RM 1.65 per share. The placement was fully subscribed by a broad mix of institutional and private investors, reflecting strong support as the Company enters the final stage of its aviation restructuring.

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Capital A and Standard Chartered Malaysia set to explore MYR stablecoin sandbox initiative

Capital A Berhad (Capital A) and Standard Chartered Bank Malaysia Berhad (Standard Chartered Malaysia) today announced the signing of a Letter of Intent (LOI) to jointly explore the development and testing of a Ringgit (MYR)-denominated stablecoin  through the Digital Asset Innovation Hub (DAIH) under Bank Negara Malaysia (BNM).

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High Court confirms Capital A share capital reduction to enable AAX share distribution, restructuring on track

Capital A Berhad (“Capital A”) today announced that the High Court of Malaya has confirmed the reduction of the Company’s issued share capital by RM2,741,538,641.04 as part of the planned distribution of AirAsia X Berhad (“AAX”) shares to the entitled Capital A shareholders. 

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