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Capital A delivers plan for exit from PN17 status
March 5th 2025
Capital A has submitted its application to the Bursa Malaysia stock exchange for the removal of its Practical Note 17 status. Read More » The company said in a regulatory filing the regularization plan was presented on its behalf by RHB Investment Bank Berhad. “As at the date of this announcement, the proposed regularization plan is pending a Bursa Securities decision,” Capital A said. “The company will make the necessary announcements about the development of the proposed regularization plan accordingly.” Bursa Malaysia issued Capital A, then known as AirAsia Group, with a Practical Note 17 (PN17) in 2020 because of its financial standing at the time. To continue to trade on Malaysia’s stock exchange, a PN17 requires a company to submit and receive approval for a financial regularization plan within a specified time.
