ADE poised to be Capital A's first business to be listed on Bursa - Fernandes


Tan Sri Tony Fernandes —LOW BOON TAT/The Star.

SEPANG: Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, is poised to be Capital A's first business unit to be listed on Bursa Malaysia, said Capital A chief executive officer Tan Sri Tony Fernandes.

He said ADE, a wholly-owned subsidiary of Capital A, has the potential to rival the value of the group’s low-cost airlines AirAsia Bhd and the "value that is being created here is huge.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

TS Wong ceases to be substantial shareholder of Cuscapi
Enproserve secures RM12mil facility management contract from Perbadanan Putrajaya
ETA Group appoints Kau Sin Yual as chairman
PETRONAS LNG portfolio positions Malaysia to capture Asia’s growing gas demand
Tan Chong, Saike explore EV battery pack localisation in Malaysia
Ringgit ends mostly higher against major currencies, but weakens vs US dollar
MBSB Bank provides RM29.6mil financing to Bisajuta for Sabah infrastructure projects
Reservoir Link secures PPA for 200MWac solar facility in Sarawak
MASkargo, IAG Cargo and Qatar Airways Cargo complete first customer shipment trial
Citi appoints Yik Ping Chong as Malaysia commercial banking head

Others Also Read