Capital A eyes June deadline for regularisation and restructuring completion

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KUALA LUMPUR, May 2 — Capital A Bhd is on track to complete its proposed regularisation and restructuring plan by June 2...

It said the aviation business disposal, a key condition of the restructuring, is moving towards conclusion, while the Aviation Group targets to reactivate all of its 250 aircraft by July, which would mark a major recovery milestone.

In fact, meaningful progress is being made across all fronts, and we remain confident in completing all components of our restructuring plan successfully,” he said in a statement today.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Pn17 Restructuring Capital A Material Uncertainty Related to Going Concern

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 15:09:26 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 28318199

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