[BENGALURU] Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock exchange, as it looks to broaden access to global capital once it exits its financially distressed status.
The company, hard hit by pandemic travel restrictions, was classified by Malaysia’s stock exchange as financially distressed in 2022.
It expects a return to profitability this year after posting a loss for fiscal year 2024.
Its shareholders…
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