Capital A CEO Tan Sri Tony Fernandes
KUALA LUMPUR: Capital A Bhd
has reiterated confidence in completing its proposed regularisation and restructuring plan by June 2025, notwithstanding the inclusion of a material uncertainty related to going concern (MUFG) paragraph in its latest audited consolidated financial statement.
The company, which owns budget carrier AirAsia, said in a Friday press statement it retained a "steadfast and positive outlook" and views the paragraph as a procedural outcome tied to timing, and not a reflection of deterioration in its business fundamentals.
