Posted by SinGor > 2023-10-27 17:20 | Report Abuse

whatever Tony has to do ( raise money), do it fast----Bangkok has approved 5 new Airlines for 2024 ( not like
MyAirline type------serious competition )

Posted by geary > 2023-10-27 21:32 | Report Abuse

CapitalA Bhd Newsroom.
1. Aviation:
Passengers carried outpace capacity growth driven by surge in international demand.

2. MOVE Digital: Record high 15.4M Monthly Active Users for airasia MOVE and 1.5M carded users for BigPay drive up transaction volumes and values.

3. Teleport: Over 100% increase in Cargo tonnage handled and 2x parcel deliveries from FY22, on the return of international flights and healthy growth of eCommerce industry.

4. Aviation Services: Strong growth in ADE, Santan and GTR, boosted by increased flight activities.

KUALA LUMPUR, 25 October 2023 - Capital A Berhad (“Capital A” or the “Group”) has announced operating statistics for its aviation, digital, logistics and aviation services segments for the Third Quarter of the Financial Year 2023 ("3Q2023"End November)
Bullish...🐂...🚀

Posted by Huangbk72 > 2023-10-27 21:33 | Report Abuse

"Better take 10 shots with high success rate, then take 100 shots with lousy success rate" - Huang

Posted by geary > 2023-10-27 22:38 | Report Abuse

Asia Business Outlook
HOME NEWS.

AirAsia To Raise $1 Billion In Debt Via Parent Company
By: Asia Business Outlook Team | Wednesday, 25 October 2023

Asia Business Outlook Team
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity and will list some of its businesses through a blank-cheque company, the Financial Times reported on Oct 25. CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal.

This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said. The group has been evaluating fundraising options for a planned U.S. listing after pandemic travel restrictions hit it in Asia, leading Bursa Malaysia Securities to classify it as a PN17 company, or financially distressed, last year.

The potential fundraising also includes a $150 million loan from Bangkok Bank this month, FT said.

Capital A Berhad, doing business as AirAsia, is a Malaysian multinational low-cost airline based near Kuala Lumpur. It is Malaysia's largest airline in terms of fleet size and destinations. AirAsia has scheduled domestic and international flights to over 165 destinations in 25 countries.

Malaysia's national football team, Singapore's national football team, Jamshedpur FC, and Queens Park Rangers are all sponsored by AirAsia. AirAsia has previously sponsored Manchester United as well as the Asia leg of Taylor Swift's Red Tour.
Asia Business Outlook.

Posted by Huangbk72 > 2023-10-28 07:23 | Report Abuse

U are delusional…

I’m here to fact check your lies.

Nothing against CapA. U see me starting to show facts about CapA.

Answer is NADA..

😂

Posted by TiGongPoPiPopi > 2023-10-29 10:21 |

Post removed.Why?

Posted by Huangbk72 > 2023-10-29 10:49 |

Post removed.Why?

Posted by Huangbk72 > 2023-10-29 10:55 |

Post removed.Why?

Posted by Sslee > 2023-10-30 09:12 | Report Abuse

https://klse1.i3investor.com/blogs/Sslee_blog/2023-10-30-story-h-216129549-Theedgemalaysia_Inaccurate_information_on_Bursa_moved_the_goal_posts_fo.jsp

Just send out above email to theedgemalaysia editor.

Posted by TiGongPoPiPopi > 2023-10-30 09:47 |

Post removed.Why?

Posted by SinGor > 2023-10-30 10:31 | Report Abuse

what management is going to write-up for PN17 report ( Nov) Prepare to sell your pants?

Posted by EatCoconutCanWin > 2023-10-30 13:47 | Report Abuse

What going on

Posted by Sslee > 2023-10-30 13:57 | Report Abuse

Maybe Mike and Mabel start selling?

Posted by paulthesotong > 2023-10-30 14:01 | Report Abuse

https://www.ch-aviation.com/portal/news/133419-malaysias-capital-a-eyes-raising-1bn-in-debt-and-equity

Posted by TiGongPoPiPopi > 2023-10-30 14:13 |

Post removed.Why?

Posted by paulthesotong > 2023-10-30 14:20 | Report Abuse

oil down airline up,sound logic!

Posted by TiGongPoPiPopi > 2023-10-31 09:55 |

Post removed.Why?

Posted by Huangbk72 > 2023-10-31 13:06 |

Post removed.Why?

Posted by Huangbk72 > 2023-10-31 13:29 |

Post removed.Why?

Posted by PepGuardiola > 2023-10-31 16:30 | Report Abuse

Huangbk, your portfolio also not good. Loss in many counter based on your comment. Better just keep quiet, dont become sourgrapes wherever you go. Capital A will survive from PN17 just matter of time before fly at sky limit

Posted by Huangbk72 > 2023-10-31 16:35 |

Post removed.Why?

Posted by PepGuardiola > 2023-10-31 16:46 | Report Abuse

3500 comment everywhere. Your talk so cheap, people dont buy it dude

Posted by PepGuardiola > 2023-10-31 16:47 | Report Abuse

Nonstop mumbling. Headache

Posted by Huangbk72 > 2023-10-31 16:49 | Report Abuse

Still cannot show my portfolio? Talk is cheap man...

🤣🤣🤣

Headache.. u have 3 options:

1) Take a panadol
2) Set up your own personal telegram group
3) Go with the flow..

Hahahha

Posted by EatCoconutCanWin > 2023-11-01 08:25 | Report Abuse

😍

Posted by Sslee > 2023-11-01 08:52 | Report Abuse

My blog article is now on i3 Top articles. Thank you for reading my blog article.

TOP ARTICLES
1. Theedgemalaysia Inaccurate information on Bursa moved the goal posts for AirAsia X with new requirements Sslee blog
2. How do you get heart attack and how to prevent it? - Koon Yew Yin Koon Yew Yin's Blog
3. Stock Pick Year 2023 - 31 Oct Result Stock Pick Contest Year 2023
4. TMJ: Anwar may face challenging reign under Johor Sultan as next King save malaysia!
5. 杠杆比率低 汉联机构WB欠吸引力/温世麟 南洋 - 凭单专栏/温世麟
6. Construction & Property Sector - Penang – The Next Prominent Investment Opportunity TA Sector Research
7. PublicInvest Research Headlines - 31 Oct 2023 PublicInvest Research
8. Daily Market Commentary - 30 Oct 2023 TA Sector Research

Posted by TiGongPoPiPopi > 2023-11-01 09:08 |

Post removed.Why?

Posted by Sslee > 2023-11-01 09:20 | Report Abuse

Jayatiasa at 85.5 sen is a better buy

Posted by Sweetchocalates > 2023-11-01 18:14 | Report Abuse

Capital A is gonna be listed on nasdaq soon. Shell company will acquire Capital A

Posted by qqq47660 > 2023-11-01 19:26 | Report Abuse

Posted by i3lurker > 10 minutes ago | Report Abuse

a lot of people do not understand Nasdaq
for Nasdaq, its always Buyers Beware.
There is zero protection.
Companies can say and do anything like, company not profitable and will never be profitable for next 100 years.
Nasdaq will accept the listings based on no profit for next 100 years
prosecution at Nasdaq only based on lies.
No lies no prosecution.

thats why Nasdaq stocks do drop to zero or few cents USD in days

=================


fyi GM and Ford has been lying for years about their EV readiness. but people still let them be.

Posted by rr88 > 2023-11-01 22:54 | Report Abuse

Close shop. Dump!

Posted by Bruce_Wayne > 2023-11-01 23:08 | Report Abuse

Essentially Capital A International's value shall be made up of valuations in Brand AA Sdn Bhd and Fleet Consolidated Pte Ltd


---

https://www.reuters.com/markets/deals/capital-list-nasdaq-via-spac-deal-2023-11-01/

Under the deal, Aetherium Acquisition will acquire all the issued and outstanding share capital of Capital A International, resulting in the formation of a new listed entity, according to a stock exchange filing.

Aetherium Acquisition will ascribe to Capital A International for an indicative equity value of $1 billion alongside additional net cash proceeds.

Capital A International will acquire 100% of both Brand AA, the registered proprietor for all the rights in AirAsia brand, and aircraft leasing company Fleet Consolidated from Capital A, according to the filing.

Capital A International intends to generate revenue from brand royalty and leasing of aircraft, the filing showed.

Posted by Bruce_Wayne > 2023-11-01 23:17 | Report Abuse

However, Brand AA is a RM2 paid-up capital with zero revenue and Fleet Consolidated Pte Ltd is a newly incorporated company that has yet to file annual returns or financial statements (read also as no revenue).

So 2 shell companies with zero value shall have a 'indicative valuation' of US1 Billion when listed in Nasdaq?!!!

BTW Aetherium Acquisition is also a 2 man show company with non-clickable filings
( https://www.aetheriumcorp.com/public-filings )


---

Brand AA Sdn Bhd (previously AAD Data Sdn Bhd)

FYE 31-12-2022

Balance Sheet Items (RM)
Non-current assets __________________ 0.00
Current assets _________________________ 0.00
Current liabilities _____________________ 81,977.00
Share capital _________________________ 2.00
Reserves _______________________________ 0.00
Retained Earning ____________________ -81,979.00

Income Statement Items (RM Millions)
Revenue _______________________________ 0.00
Profit / (loss) before tax _____________ -46,971.00
Profit / (loss) after tax _______________ -46,971.00
---

Name:FLEET CONSOLIDATED PTE. LTD.
UEN:202313504D
Status: LIVE COMPANY
Address: 77 ROBINSON ROAD, #16-00, ROBINSON 77, SINGAPORE 068896
Industry : RENTING OF AIR TRANSPORT EQUIPMENT WITHOUT OPERATOR (EG AIRPLANES WITHOUT OPERATOR)

Annual Return: N.A
Annual General Meeting: N.A
Financial Statements Filed: N.A

"N.A" means that the company has not filed any AR with ACRA.

https://www.tis.bizfile.gov.sg/

Posted by geary > 2023-11-01 23:53 | Report Abuse

Capital A chief executive officer Tan Sri Tony Fernandes

KUALA LUMPUR: Capital A Bhd has entered into a letter of intent (LOI) with Aetherium Acquisition Corp (GMFI), a special purpose acquisition corporation (SPAC) listed on the Nasdaq in the United States.

In a statement, Capital A said under the deal, Aetherium Acquisition will acquire all the issued and outstanding share capital of Capital A International, resulting in the formation of a new listed entity.

Capital A said the proposed business combination will be at an indicative equity value of US$1bil based on an independent valuation of the AirAsia Brand.

“This is a coming-of-age moment for Capital A, which has morphed from AirAsia into a low-cost, value driven aviation and travel services group in five entities, the first of which that’s coming to the public market would be Capital A International. We are taking the first step to venture out of our home ground, which is Asean, and exploring listing on the pinnacle of markets in terms of capital raising.

“We are confident that the exposure of the U.S. financial markets and Nasdaq listing would help us accelerate the delivery of our strategy as we improve access to capital, broaden our shareholder base and meaningfully raise our profile globally,” Capital A CEO Tan Sri Tony Fernandes said.

"Our proposed business combination with Aetherium serves as a testament to the growth opportunity ahead. The Asean region in recent years has emerged as one of the world’s most dynamic and fastest-growing economic hubs. Yet, there are limited vehicles for which global investors can participate in the vibrancy of this pivotal market. Leveraging the strength and reach of the AirAsia brand, Capital A International will offer an exceptional opportunity to harness the investment potential of the region."

Under the terms of the LOI, Capital A plans to divest all issued and outstanding share capital of Capital A International.

The LOI with Aetherium Acquisition Corp reflects a mutual interest in the potential collaboration, subject to necessary regulatory approvals and conditions from Bursa Securities, Bank Negara and other relevant authorities.

Capital A remains committed to complying with all regulatory requirements and is optimistic about the potential benefits of the proposed business combination, it said.
🙏🚀

Posted by Sweetchocalates > 2023-11-01 23:56 | Report Abuse

who cares lol. just fry the stock together with the operator and bilis. so many news sources are reporting this shell company-capital a merger including international news sources. gonna be a hot stock tomorrow

Posted by zhen wei & JP > 2023-11-02 01:40 | Report Abuse

Z

Posted by Huangbk72 > 2023-11-02 05:57 | Report Abuse

Let me describe this exercise in layman terms.

CapAyam has business revenue stream A,B,C and D

CapAyam wants to have a dual listing status in Nasdaq via Spac.

CapAyam is PN17 in Malaysia. Roe is negative. Local funding eelek.

Now CapAyam can create new revenue stream for Nasdaq? Not possible.

Can CapAyam A,B,C and D revenue stream maintain dual listing Status? 🤣🤣

Confirmed plane business became pirate ship business

Posted by StartOfTheBull > 2023-11-02 07:06 | Report Abuse

Among the top names listed on Nasdaq:
Apple Inc AAPL
Microsoft Corp MSFT
Amazon.com Inc AMZN and
NVIDIA Corp

No wonder some people said Tony can perform Bollywood dance.
Today is expected to be a cheerful day for Capital A shareholders.

Posted by Huangbk72 > 2023-11-02 07:11 | Report Abuse

It’s just a LOI. Haven’t even submitted for Nasdaq for approval.

“10 stroke don’t even have 1 line”

Nothing changed for now.

Posted by speakup > 2023-11-02 07:40 | Report Abuse

tony saying to Bursa: if u delist me in Malaysianevermind, i go USA Nasdaq

Posted by geary > 2023-11-02 08:33 | Report Abuse

TOPICS
Capital A subsidiary gains EASA Part 145 maintenance organisation approval
facebook sharing buttontwitter sharing buttonwhatsapp sharing buttontelegram sharing buttonlinkedin sharing buttonemail sharing button
AVIATION
Wednesday, 01 Nov 202310:59 AM MYT

Asia Digital Engineering CEO Mahesh Kumar

KUALA LUMPUR: Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) arm of Capital A, has obtained the European Union Aviation Safety Agency (EASA) Part 145 maintenance organisation approval.

The EASA Part 145 maintenance organisation approval stands as a gold standard in aviation maintenance for upholding the highest levels of safety and quality in the company’s operations, Capital A said in a statement.

"ADE’s dedication to high quality of service and safety serves as an inspiration to other homegrown MRO players, and we look forward to the positive impact this milestone will have on our country’s aviation and aerospace landscape,” Transport Minister Anthony Loke Siew Fook was quoted as saying in the statement.

Capital A said ADE’s new state-of-the-art hangar that is currently under construction in KLIA Aeropolis is scheduled for completion by the first half of 2024.

Meanwhile, ADE chief executive officer Mahesh Kumar said the MRO service provider is now able to provide industry leading aircraft maintenance support in Asia-Pacific and beyond.

"ADE will continue to bring the highest work ethics and business standards to Asia-Pacific’s aviation market and become a significant force in MRO services in the region,” he added.

The statement said that in a bid to accommodate its growth, ADE has set an ambitious hiring target for 2024, with plans to recruit 500 to 600 aviation professionals ranging from aircraft technicians to engineers.

This is expected to pave the way for further growth and innovation in Malaysia’s aviation and aerospace sector, it said. - Bernama

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
TAGS / KEYWORDS:
Asia Digital Engineering , ADE , MRO, Capital A , EASA
🙏🚀

Posted by Sslee > 2023-11-02 08:39 | Report Abuse

After incorporating CAPI, this special purpose unit will acquire Brand AA Sdn Bhd and Fleet Consolidated Pte Ltd from Capital A. Brand AA, formerly known as AAD Data SdnBhd, is wholly
owned by Capital A, while Fleet Consolidated is a Singapore incorporated private company.

Brand AA is a brand management company. It is the registered proprietor for all the rights under the AirAsia brand.

Under a master brand licensing agreement dated May 31 this year, Brand AA has the right to collect royalty fees from AirAsia Aviation Group Ltd, Capital A’s aviation division.

Fleet Consolidated, meanwhile, will primarily be responsible for the procurement and delivery of the requisite aircraft for the aviation group based on the agreed allocation plan.

My concerns:
Capital A’s aviation is lose making
Revenue/ASK: Q2 USD 4.22 cents cumulative 6 months USD 4.28 cents
Cost/ASK: Q2 USD 5.01 cents cumulative 6 months USD 4.72 cents
So how much loyalty fees per ASK or per passangers need to pay to Brand AA under a master brand licensing agreement dated May 31 this year.

Fleet Consolidated: What assetsp do Fleet Consolidated have:
Orderbook of 362 aircraft to be delivered over the next 12 years, beginning 2024. Of the 362, financing is secured for 73 aircraft through Sales and Leaseback (SLB) arrangement with several lessors.

Will be very interest to read what Stony projection for CAPI revenue and earnning are for an indicative equity value of US$1bil based on an independent valuation of the AirAsia Brand.

All this while I thought Stony will be kind enough to list MOVE/Superapp to raise money to help capA aviation. But it turn out Stony intent to milk capA' aviation to the bone and then dispose the skeleton to AAX.

What a brilliant move. CapA already run out of Suiyee Sucker Bilis and now venture into deep sea for bigger Suiyee.

All the best to AAX, CapA and Aetherium Acquisition Corp (GMFI)

Posted by paulthesotong > 2023-11-02 08:45 | Report Abuse

"quote n unquote"

The best has always yet to come.

Posted by paulthesotong > 2023-11-02 08:55 | Report Abuse

Flight to freedom!...Get out of jail..Cellpn17.

https://newsroom.airasia.com/news/capital-a-berhad-signs-letter-of-intent-with-nasdaq-listed-aetherium-acquisition-corp-for-business-combination

Posted by geary > 2023-11-02 09:00 | Report Abuse

Brent futures fell 39 cents, or 0.5%, to settle at US$84.63 a barrel. US West Texas Intermediate crude fell 58 cents, or 0.7%, to US$80.44.

NEW YORK: Oil prices eased about 1% to a three-week low on a rising US dollar and after the US Federal Reserve kept interest rates steady as expected but noted it would keep the door open to possible future rate hikes due to a strong US economy.

Interest rate hikes can slow economic growth and dampen oil demand. A strong dollar makes it more expensive to buy fuel using other currencies, pressuring prices.

Brent futures fell 39 cents, or 0.5%, to settle at US$84.63 a barrel. US West Texas Intermediate (WTI) crude fell 58 cents, or 0.7%, to US$80.44.

That was the lowest settlement for Brent since Oct. 6 and WTI since Aug. 28. Both contracts settled below their 100-day moving averages, a key level of technical support since July.

Trade was choppy, with both benchmarks up over US$2 a barrel early on Middle East worries.

The Fed, which started raising interest rates in March 2022, held rates steady but left the door open to a further increase due to a strong US economy.

The US dollar rose to a four-week high against a basket of other currencies. Crude futures were also pressured by an increase in US crude stocks and gasoline inventories last week as refiners undergoing seasonal maintenance restarted units more slowly than expected to avoid even larger gasoline stock builds.

In Europe, October inflation in the Euro zone was at its lowest in two years, a Eurostat flash reading showed, stoking the view the European Central Bank is unlikely to hike interest rates soon. The Bank of England is expected to meet on Thursday.

In China, the world's largest oil importer, factory activity unexpectedly contracted in October, a private survey showed, adding to downbeat official figures from a day earlier.

Middle East worries

"The oil market will remain fixated with the deteriorating demand outlook and if any of the latest developments with the Israel-Hamas war will lead to any supply disruptions," Moya at OANDA said.

In Gaza, a first group of injured people were evacuated to Egypt, a source and Egyptian media said, as Israeli forces pressed their battle against Hamas militants.

Iran's Supreme Leader Ayatollah Ali Khamenei called on Muslim states to cease oil and food exports to Israel, demanding an end to its bombardment of the Gaza Strip, state media reported.

Iran, a member of the Organization of the Petroleum Exporting Countries (Opec), produced around 2.5 million barrels per day of crude in 2022, according to US energy data.

Callum Macpherson, head of commodities at Investec, said that if there is no threat to output from the war, "oil may struggle to sustain prices around recent highs without support from Opec+ into 2024, making their meeting later this month crucial." — Reuters
Whatever fundamental all can bark until the cows come home ...it's not gonna...work... it's irrelevant anyway ...as long no hike in interest rates ... liquidity expansion...more Willing Buyers n Sellers...uptrend is imminent...🤔🙏🚀

Posted by Mikecyc > 2023-11-02 09:12 |

Post removed.Why?

Posted by Anw412 > 2023-11-02 09:14 | Report Abuse

Next will be listing the of Teleport,ADE,GTR,MOVE,SANTAN.
USD1B (RM4.77B) valuation for AA Brand & Leasing biz you can see how Tony can sell even mat salleh agrees to him.. up up up

Posted by EatCoconutCanWin > 2023-11-02 09:43 | Report Abuse

Up up 🎶

Posted by $$ BUYSELL $$ > 2023-11-02 09:47 | Report Abuse

Buy in the morning all wet wet wet pant.

Posted by Santiago > 2023-11-02 11:20 | Report Abuse

Wahhhh.. semua kena scam.. kasi keluar news, gap up and they dumped!