PETALING JAYA: Even with a potential capital reduction, AirAsia Group Bhd (AAGB) may still struggle to uplift its Practice Note 17 (PN17) status given the huge RM4.55bil gap in its shareholders’ funds.
It may also need to look into monetising its digital assets and decomposition of its Indonesia and Philippines units.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
