CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.765

Today's Change

0.00 (0.00%)

Day's Change

0.76 - 0.775

Trading Volume

5,369,400


127 people like this.

167,890 comment(s). Last comment by Mabel 8 hours ago

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-03 09:49 |

Post removed.Why?

Posted by StartOfTheBull > 2023-10-03 10:05 | Report Abuse

John is right. Below was the two buntutt players enjoying their chat in AAX forum. Why no more negative comments in AAX forum these days?
""""""""
Sslee

2,555 posts

Posted by Sslee > 2023-03-12 16:48 | Report Abuse

i3lurker

sslee
you wanna takeover my menu rahmah nasi lemak business for RM10 Billion I am unwilling to part with it too but must sacrifice for the greater good of my wallet.
Likely will take a 100,000 years to issue any dividends, if at all.

Even rupiah or rupee also can consider....besides RM

I3lurker please read the payment terms. I can only print AAX and pay you in this electronic AAX share certificate.

paulthesotong

2,717 posts

Posted by paulthesotong > 2023-10-03 10:17 | Report Abuse

really..U in the pilot cockpit!

Posted by StartOfTheBull > 2023-10-03 10:18 | Report Abuse

More Time More Die.
Fly More Die More]
If that happens do you think you will be the last? 😁

i3lurker

12,966 posts

Posted by i3lurker > 4 minutes ago | Report Abuse

No need to comment in AAX anymore
coz AAX is forced to go bankrupt by stony Enemies after taking over RM13 Billion in liabilities from CapA.
[CapA losses is expected to increase by another RM1 Billion later
More Time More Die.
Fly More Die More]

klee

3,230 posts

Posted by klee > 2023-10-03 12:07 | Report Abuse

Is licker the ori ahkua of half way turned ahkua? kikiki...i see his profile pic really looks like one

Posted by StartOfTheBull > 2023-10-03 12:10 | Report Abuse

Old Akua Koni3lurkker kot still can pakai ke? Old Superman Sot2Lee buntutt also seasoned already, right?

IshraaqNor

655 posts

Posted by IshraaqNor > 2023-10-03 12:19 | Report Abuse

Tunggu Airasia keluar dr status pn17 bulan ni

Sslee

5,929 posts

Posted by Sslee > 2023-10-03 14:12 | Report Abuse

i3lurker,
This post is now amended by adding another RM3 Billion, being additional losses after said date of original post.
More Time More Die
Fly More Die More

Nice of you for offering special discount.
The non-current assets after acquiring PAA 60% from JV partner is now loaded with 2.246 billion goodwill and 2.416 billion landing rights. So you are actually giving a discount of RM 1.65 billion.

Posted by StartOfTheBull > 2023-10-03 14:14 | Report Abuse

Koni3lurkker why gone mad already?
Most of the time your comments are actually nonsense and bad mouth others and you deserve to be mocked, it is not as you mentioned "just speak the truth, no sabotage, no support, unbiased comments only."

Sslee

5,929 posts

Posted by Sslee > 2023-10-03 14:19 | Report Abuse

Did I or didn't I speak the truth, the whole truth, and nothing but the truth?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-03 14:47 |

Post removed.Why?

Posted by EngineeringProfit > 2023-10-03 15:19 | Report Abuse

Expanding or bungkus-ing?

tonygofly

285 posts

Posted by tonygofly > 2023-10-03 16:37 | Report Abuse

flying out from pn17 soon

SinGor

4,838 posts

Posted by SinGor > 2023-10-03 18:03 | Report Abuse

I thought Tony wants to Reduce CAP's Debt, but instead take up another 645mil Loan---Syabas Tony.
DonT care what people say---Die-Die DonT care
Whether AA has Cash problem or Not----Books say got manyak cash---Good Biz

Posted by EngineeringProfit > 2023-10-03 18:27 | Report Abuse

No worries. Tony says AirAsia can report over a billion revenue soon...hehe

paulthesotong

2,717 posts

Posted by paulthesotong > 2023-10-03 18:48 | Report Abuse

A few of them claim that CapA is going delisted go broke haywire never reach the runway etc.How come this brainless FI loan Boss T for rm700m..n that no brainy!

Sslee

5,929 posts

Posted by Sslee > 2023-10-03 18:50 | Report Abuse

The Board of Directors of Capital A Berhad (“Capital A” or “Company”) wishes to announce that AirAsia Berhad [Company Registration Number 199301029930 (284669-W)] (“AAB”), a wholly-owned subsidiary of Capital A had on 3 October 2023 accepted a five (5) year term loan facility of up to USD150.0 million offered by a financial institution. (“Term Loan”)

2.INFORMATION AND PURPOSE OF THE TERM LOAN

The details of the Term Loan are as follows:
Facility
Purpose
Amount
Term Loan

Funding the aircrafts and engines maintenance cost and the working capital requirements of AAB
USD150.0 million

The Term Loan is secured by, inter-alia, a corporate guarantee from Capital A, which shall remain throughout the term of the Term Loan.

Know what will be the interest charge for this USD 150 million term loan?

Beside advance sales now need further loan for working capital.
How to come out with PN17 regularisation plan before or on Bursa deadline of 7 Oct 2023?

JrWarren

113 posts

Posted by JrWarren > 2023-10-03 19:06 | Report Abuse

When the company in PN17 and still able to convince risk-conscious FI to lend them USD, I really wonder how Tony sell the story =)

geary

6,337 posts

Posted by geary > 2023-10-03 19:06 | Report Abuse

Sslee, are u a businessman, or are u running AA day in n day out!?
Please don't keep 0n barking at the wrong Tree 😆 LOL!?
Not of your business if u don't hold a Single Share in CAPITALA 🤮

Posted by EngineeringProfit > 2023-10-03 19:13 | Report Abuse

Don't play play. Sslee holds more CapA tickets than anyone of us here

paulthesotong

2,717 posts

Posted by paulthesotong > 2023-10-03 19:18 | Report Abuse

Concur if u don't like just sell cut your loss!

geary

6,337 posts

Posted by geary > 2023-10-03 20:35 | Report Abuse

paulthesotong
A few of them claim that CapA is going delisted go broke haywire never reach the runway etc.
How come this brainless FI loan Boss T for rm700m..n that no brainy!

Businessmen see specific business differently, plus CAPITALA is a leader, n well known Low Cost Airlines in ASEAN. So many years of rated No.1!?
So those few brainless running dogs, better sell whatever they hold n hold CapitalA🤔👍
They are like crazy dogs trying to bite its own tails...!?
Bursa SC wont be so crazy LOH 🤔🤮🚀

Posted by StartOfTheBull > 2023-10-03 21:09 | Report Abuse

Unlike an application of loan approved, acceptance of term loan from an undisclosed financial institution could mean the company was offered the said loan and is one of the items to be included in the regularisation plan which will be or will not be submitted before end of this Friday.

SinGor

4,838 posts

Posted by SinGor > 2023-10-03 21:15 | Report Abuse

If Loan is in exchange for Shares, then you can submit inside RP... I think if AA going to put more and more Planes
running then operation / maintenance cost will leap immediately

xskyriver

157 posts

Posted by xskyriver > 2023-10-03 21:29 | Report Abuse

Insas boss see, since Insas got so much cash, no place to invest, don't want to give dividend. In the end, decided to give to CapA.

Posted by Investgaogao > 2023-10-03 22:16 | Report Abuse

Limit up

geary

6,337 posts

Posted by geary > 2023-10-04 00:04 | Report Abuse

Investgaogao
Limit up!
Sooner or Later Only!
Best Low Cost Airlines for #14th times, Imagine, we Malaysian must be really Proud of AirAsia 👏
Singapore Airlines, also very jealous, until their budget Tiger cannot Fly n Delisted 🤔🙏🚀

SS3U

272 posts

Posted by SS3U > 2023-10-04 00:05 | Report Abuse

Aased on its improved operating and financial performances, AAX no longer triggers any of the criterias prescribed under Paragraph 2.1 of PN17, particularly as AAX’s shareholders’ equity has turned positive; and AAX’s external auditors have expressed a clean opinion of AAX’s financial position.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 05:54 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 06:11 |

Post removed.Why?

Sslee

5,929 posts

Posted by Sslee > 2023-10-04 07:42 | Report Abuse

A gentle reminder.
If capA cannot submit PN17 regularisation plan before or on Bursa deadline 7 Oct 2023, Bursa can either allow or reject the third request for extension and proceed to suspend and delist capA.

cmiko888

98 posts

Posted by cmiko888 > 2023-10-04 07:54 | Report Abuse

Bursa is going to grant CapA another 3 Months extension

Posted by EatCoconutCanWin > 2023-10-04 08:21 | Report Abuse

Tony jual santan to mas airlines

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 08:26 | Report Abuse

财经新闻
客流量再创疫后新高 大马机场8月搭客1120万

2023年10月03日

https://www.enanyang.my/node/567172

Sslee

5,929 posts

Posted by Sslee > 2023-10-04 08:30 | Report Abuse

Why another 3 months extension?
No confident on Stony word that PN17 will be ready by 7 Feb 2023, then 7 July 2023 and then 7 Oct 2023?

Even giving another year of extension, CapA will still cannot come out with PN17 regularisation plan to turn shareholders' equity from RM negative (8,390,820,000) to min positive RM 40 million.

Posted by i3lurker > Oct 3, 2023 10:18 AM | Report Abuse
More Time More Die.
USD rate expected to increase to 5 by end 2024

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 08:31 |

Post removed.Why?

mf

28,511 posts

Posted by mf > 2023-10-04 08:31 | Report Abuse

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Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 08:42 |

Post removed.Why?

paulthesotong

2,717 posts

Posted by paulthesotong > 2023-10-04 09:15 | Report Abuse

..uhm...seats full,congested airports n lost baggage cant see not making money!

https://newsroom.airasia.com/news/2023/10/3/airasia-philippines-eyes-500000-seats-sold-for-apac-destinations-in-q4#gsc.tab=0

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 10:01 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 11:45 |

Post removed.Why?

geary

6,337 posts

Posted by geary > 2023-10-04 11:46 | Report Abuse

CapitalA Newsroom:

As a concluding highlight, the Group’s Practice Note 17 (“PN17”) status, with the extension of time of three months until 7 October 2023 granted by Bursa Malaysia, the Group are in the midst of finalising the details of the plan and aim to announce the regularisation plan within the new timeframe.
The Group aims to commence the implementation of the plans in the fourth quarter(March/April, '24), upon obtaining all required approvals from Bursa Malaysia and relevant authorities.
AirAsia X’s application to exit its PN17 status organically plays a
Crucial part in the Regularisation Plan and the Group is confident that both companies,
Capital A and AirAsia X will emerge from this turbulent phase stronger and more resilient, armed with valuable insights and a renewed determination to thrive.
End.

By 2026 Capital A aims to achieve amongst others:

1. Group airlines connecting over 1 billion people in Asean.

2. The engineering division (ADE) becomes an industry leader for maintenance, repair and overhaul (MRO) services in Southeast Asia.

3. Airasia Super App(MOVE )to be the super app of choice in Asean.

4. 10 million monthly active users for BigPay.

5. 10% market share in Southeast Asia for Teleport, in the logistics and e-commerce industry.

6. 5 million sign ups for edutech arm AirAsia Academy.

7. Over 21 million monthly orders on airasia grocer.

Newsroom CAPITALA BHD.

Posted by Sarwajagat00 > 2023-10-04 11:48 | Report Abuse

AirAsia secures US$150 mil term loan with guarantee

https://theedgemalaysia.com/node/684728

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 11:53 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-04 11:55 |

Post removed.Why?

Sslee

5,929 posts

Posted by Sslee > 2023-10-04 14:15 | Report Abuse

What a term loan of USD 150 million can do, when 2Q2023 Net current liabilities is RM (11,938,731,000)?

geary

6,337 posts

Posted by geary > 2023-10-04 14:19 | Report Abuse

Sarwajagat00
AirAsia secures US$150 mil term loan with guarantee.

PETALING JAYA:
Capital A Bhd’s wholly-owned subsidiary, AirAsia Bhd, has accepted a five-year term loan facility of up to US$150mil.

In a filing with Bursa Malaysia, Capital A said the loan facility would be used to fund its aircraft and engine maintenance costs, as well as the working capital requirements of the low-cost airline.

“The term loan is not subject to the approval of shareholders. Bank Negara had on Sept 19, 2023 approved AirAsia’s application for the term loan under its Foreign Exchange Policy,” the company said. The term loan is in the best interest of the group, according to Capital A.

Revenue increasing on average #15/20%, these few months, they can pay full amount, within six months. They are other loan obligation to settle.
Probably around #1/3, of borrowings, are Private/Preferred Shares, plus Sukuk, n can be converted into public shares, at specific valuations.
To be Equity Positive, CapitalA, will take how long!?
We aren't in the position to guess, it's up to the CFO, STony Flynuendo, n management to decide.
🙏🚀

Sslee

5,929 posts

Posted by Sslee > 2023-10-04 14:48 | Report Abuse

21. Borrowings
As at 30/6/2023 RM million
As at 31/12/2022 RM million
Short term
Term loans 428.0 233.6
Revolving credit 16.0 31.8
Convertible loan note 280.9 265.6
725.0 531.0
Long term
Term loans 1,760.7 1,302.4
Other facility 456.4 447.8
RCUIDS 747.2 655.5
2,964.2 2,405.7
Total 3,689.2 2,936.7

The currency profile of borrowings are as follows:
As at 30/6/2023 RM million
As at 31/12/2022 RM million
Ringgit Malaysia 962.6 901.8
US Dollar 1,934.1 1,735.1
Philippine Peso 86.9 83.1
Thai Baht 660.7 172.8
Indonesian Rupiah 45.2 43.9
3,689.2 2,936.7

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