Capital A CEO Tan Sri Tony Fernandes.
KUALA LUMPUR: Capital A Bhd
wants to raise at least US$200mil from a secondary listing in Hong Kong as the parent of AirAsia looks to tap mainland Chinese investors and accelerate growth.
The company is undervalued due to the Malaysian stock exchange’s classification of it as financially distressed – a status it’s held since 2022, chief executive officer Tan Sri Tony Fernandes said in an interview yesterday.
