{"id":15022,"date":"2025-05-12T00:04:41","date_gmt":"2025-05-12T05:04:41","guid":{"rendered":"https:\/\/planesintheair.com\/?p=15022"},"modified":"2025-05-12T00:04:41","modified_gmt":"2025-05-12T05:04:41","slug":"capital-a-berhad-shareholders-approve-capital-reduction","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=15022","title":{"rendered":"Capital A Berhad shareholders approve capital reduction"},"content":{"rendered":"<p class=\"\"><strong>Story and image from AirAsia<\/strong><\/p>\n<p class=\"\"><strong>Kuala Lumpur, Malaysia, May 8, 2025<\/strong> \u2013 Capital A Berhad (\u201cCapital A\u201d or \u201cthe Company\u201d) today announced that its shareholders and RCUIDS holders have unanimously approved a key resolution at the Company\u2019s Extraordinary General Meeting (EGM), namely the Proposed Regularisation Plan comprising the capital reduction of up to RM6 billion.<\/p>\n<p class=\"\">This represents achievement of critical milestones in Capital A\u2019s Proposed Regularisation Plan, designed to facilitate the Company\u2019s exit from Practice Note 17 (PN17) status and reinforce its long-term financial resilience.<\/p>\n<p class=\"\">The capital reduction will allow the Company to clean up its balance sheet by offsetting the accumulated losses of the Company, presenting a clearer and healthier financial position.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Story and image from AirAsia Kuala Lumpur, Malaysia, May 8, 2025 \u2013 Capital A Berhad (\u201cCapital A\u201d or \u201cthe Company\u201d) today announced that its shareholders and RCUIDS holders have unanimously approved a key resolution at the Company\u2019s Extraordinary General Meeting (EGM), namely the Proposed Regularisation Plan comprising the capital reduction of up to RM6 billion. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8761,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[797,7890,2203,5676],"tags":[],"class_list":["post-15022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-airline-news","category-asia-news","category-finance-news","category-international-news"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/15022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15022"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/15022\/revisions"}],"predecessor-version":[{"id":15023,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/15022\/revisions\/15023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/media\/8761"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}