Capital A chief executive officer Tan Sri Tony Fernandes
KUALA LUMPUR: Capital A Bhd
has officially completed its Practice Note 17 (PN17) regularisation plan today following the lodgement of a sealed High Court order confirming a capital reduction of RM5.51 billion.
Capital A said in a statement today that the completion marks the final phase of the group’s restructuring exercise, which included the disposal of its aviation business, AirAsia Bhd and AirAsia Aviation Group Ltd, to AirAsia X Bhd on Jan 16, 2026, the listing and distribution of AirAsia X shares to entitled Capital A shareholders on Jan 19, 2026, and the High Court’s approval of the capital reduction on Jan 21, 2026.
