Capital A fails to get Bursa Malaysia time extension

The company the distribution will still be implemented concurrently with the AirAsia X Bhd private placement.

KUALA LUMPUR: Capital A Bhd did not receive approval from Bursa Malaysia Securities Bhd for an extension of time to complete its proposed share distribution.

However, the distribution will still be implemented concurrently with the AirAsia X Bhd (AAX) private placement.