CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

0.755

Today's Change

-0.01 (1.31%)

Day's Change

0.755 - 0.77

Trading Volume

2,401,900


127 people like this.

167,891 comment(s). Last comment by Jojobama 32 minutes ago

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-24 11:08 |

Post removed.Why?

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 11:13 | Report Abuse

The gain on remeasurement of previously held interest in associate immediately before obtaining control are as follows:
RM million
Fair value of previously held interest 1,874.3
Less: Carrying amount of previously held interest (505.0)
Gain on remeasurement of previously held interest 1,369.3

I too cannot understand what is this Gain on remeasurement of previously held interest 1,369.3 RM million

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 11:37 | Report Abuse

To me if you hold Financial assets at fair value through profit or loss (marketable listed company share) as current investment then you need to mark to market every quarter P&L gain/(loss)

But if you hold a listed company as an associate company then you equity account for the share of equity every quarter. And in P&L share of profit/(loss) of associate company.

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 11:55 | Report Abuse

Asia Aviation PCL
BKK: AAV
2,06 THB +0,020 (0,98%)today
24 Nov, 10.31 GMT+7 • Disclaimer

Thai AirAsia Company Limited
September 2023
(Unit: Thousand Baht)
Total shareholders' equity (capital deficits) : (15,232,187)

So should CapA equity account for the 49% Thai AA or fair value account for 49% market capital of AAV?

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 12:05 | Report Abuse

Insas still hold 537,008,575 inari share (associate company) and equity account in Balance sheet as non-current asset associate company.

So imagine if next quarter Insas use fair value account on 537,008,575 inari share then what will be the Gain on remeasurement of previously held interest in Inari?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-24 12:56 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-24 12:56 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-24 12:57 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-24 12:58 |

Post removed.Why?

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 12:59 | Report Abuse

You must be of unsound mind to think AAX able to get RM 6 billion borrowing from Banks?

Posted by BobAxelrod6868 > 2023-11-24 13:02 | Report Abuse

Much more than unsound mind if Debts are vaporized????????

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 13:07 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2021-11-12-story-h1593811488-AAX_Creditors_Can_AAX_treating_its_customers_as_creditors_and_repay_the.jsp

You can read above link and the table on AAX debts restucture of 0.5 sen for every dollar owed.

Posted by StartOfTheBull > 2023-11-24 14:36 | Report Abuse

Insas backyard on fire 🔥

Sslee

5,929 posts

Posted by Sslee > 2023-11-24 14:50 | Report Abuse

Posted by StartOfTheBull > Nov 24, 2023 2:36 PM | Report Abuse
Insas backyard on fire 🔥

No problem I like fire sales.
4 and a half trading days before end of Nov 2023. Will there be capA fire sales when q3 financial result out?

Mabel

23,733 posts

Posted by Mabel > 2023-11-24 21:24 | Report Abuse

Today Mabel AirAsia looks so beautiful...

Meow

Mabel

23,733 posts

Posted by Mabel > 2023-11-24 21:26 | Report Abuse

paulthesotong Come come come.

https://www.malaymail.com/news/malaysia/2023/11/24/reports-malaysians-...
24/11/2023 5:27 PM

Yes Cum Cum Cum..chow yun fat...so handsome like our sslee...

Meow

Posted by StartOfTheBull > 2023-11-24 22:14 | Report Abuse

Handsome but no longer a 青头仔 and is already old.

geary

6,337 posts

Posted by geary > 2023-11-25 01:40 | Report Abuse

Nov 22, 2023; Wednesday!
AirAsia X received PN17 upliftment following its,
#####5th consecutive quarterly net profit despite increased capacity in a historically soft quarter!
Regularisation Plan is just an accounting issue, Sir Tony Fernandes was Right Anyway!
NTA: 0.23. Price: 2.18.
Insas: NTA: 3.50. Price: 0.89.
Insas Apa Ada...Value Trap LOH,🤮
Trollers barking non-stop...Price up non-stop...🚀
CapitalA also can fly kite, its RP, it's just the Newest Accounting Issues...plus its Negative Equity...🤮👍
After #####5th Consecutive Quarter of positive earnings, it will be uplifted as per normal!
We are Optimistic...🐂🚀...of course...Trollers aren't...🤮👺
AirAsia Brand is Too Famous...It's one of fastest, PN17 stock to be uplifted. Bursa SC did the Right Job... Because it's the 14th Consecutive Win, World Best Low Cost Airline!
But...Trollers Still so... Soochaaaiiiisss...🤮!

Sslee

5,929 posts

Posted by Sslee > 2023-11-25 06:15 | Report Abuse

CapitalA also can fly kite, its RP, it's just the Newest Accounting Issues...plus its Negative Equity...🤮👍
After #####5th Consecutive Quarter of positive earnings, it will be uplifted as per normal! (geary MUST BE JOKING)

The very basic requirement to uplift from PN17 is shareholders' equity must be minimum positive RM 40 million.
No default in payment by a listed issuer, its major subsidiary or major associated company and
The listed issuer is able to provide a solvency declaration to the Exchange

So can capA not default on it current liabilities in the nest 12 months?
As at 30/6/2023 Capital A
Current assets: RM 2,269,900,000
Current liabilities: RM 14,208,631,000
Net current liabilities: RM (11,938,731,000)

Shareholders’ equity RM (8,390,820,000)
Non-controlling interest: RM (1,813,867,000)
Total equity: RM (10,204,687,000)

Capital A’s aviation is still 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
Cost/ASK ex fuel: Q2 USD 3.32 cents cumulative 6 months USD 2.95 cents

TCH1186

910 posts

Posted by TCH1186 > 2023-11-25 07:27 | Report Abuse

Should depart next week

geary

6,337 posts

Posted by geary > 2023-11-25 14:25 | Report Abuse

KUALA LUMPUR, 24 November 2023 - airasia ride, the ride-hailing platform of airasia MOVE (formerly airasia Superapp) has partnered Resorts World Genting to provide travellers a more affordable trip to the resort.

In the promotion agreement signed today by Lim Chiew Shan, Regional CEO of airasia ride, and Spencer Lee, Senior Vice President of Sales & Marketing and MICE, Genting Malaysia Berhad, airasia ride will provide special fares for travellers visiting Resorts World Genting from KLIA T1 or T2 from just RM130 for regular cars or RM220 for a six-seater. Travellers can enjoy an extra RM5 off by using the promo code RWGKLIA88 to and from KLIA T1 & T2.

For those travelling to Resorts World Genting from the Klang Valley and vice versa, prices start from only RM65 per trip, and travellers can apply the promo code RWG888 for another RM5 off their ride to and from Resorts World Genting.

Lim Chiew Shan, Regional CEO of airasia ride, said “Resorts World Genting has long been one of the top tourist attractions of Malaysia, and has successfully introduced the world-renowned Malaysian hospitality to millions of tourists worldwide over the decades. We are honoured to be able to facilitate smoother rides for their customers to travel to the resort by providing the lowest fares from the airport and from anywhere in the Klang Valley. Enjoy your journey to Resorts World Genting all through the convenience of the airasia MOVE (formerly airasia Superapp). Don’t forget to use the promo codes to enjoy more savings!

Spencer Lee, Senior Vice President of Sales & Marketing and MICE, Genting Malaysia Berhad remarked, “We are pleased to partner airasia ride, a prominent player in the e-hailing industry in ensuring our guests have the option of reliable, quality service when embarking on trips to explore and rediscover an unsurpassed world of entertainment and adventure at Resorts World Genting. We are confident this tie-up is a good fit as it allows for easy connectivity between the airport or Klang Valley and Resorts World Genting and we believe in offering only best-in-class experiences for our guests!🤔

Gut Feeling already knows...where have such services in other airlines, even SIA also don't have!?
AirAsia MOVE...plus BigPay...plus Teleport n ADE(MRO)...plus Santan Catering...aiyoo... CapitalA... what's its... Intrinsic Value... don't know how to compute LOH...!?
🤔👍🚀

geary

6,337 posts

Posted by geary > 2023-11-25 14:42 | Report Abuse

#10 baggers didn't strike from past financial statements, past n present rules n specific criteria. They are all temporary, accordingly to business requirements n environment!?

Gut Feeling already knows...where have such services in other airlines, even SIA also don't have!?
AirAsia MOVE...plus BigPay...plus Teleport n ADE(MRO)...plus Santan Catering...aiyoo... CapitalA... what's its... Intrinsic Value... don't know how to compute LOH...!?
Most probably separate listing entities of Teleport, ADE n AirAsia Move/BigPay.
In Bursa or Nasdaq...we shall See...the future we don't know...!?
🤔👍🚀

paulthesotong

2,717 posts

Posted by paulthesotong > 2023-11-25 15:55 | Report Abuse

Santa sold his sleigh n reindeers to buy plane tickets..
is it true.

Sslee

5,929 posts

Posted by Sslee > 2023-11-25 16:17 | Report Abuse

Yes it is true if you believe.
Some believe in Santa
Some believe in Stony
Many believe in fairy tales especially many Malaysians like to believe in "Syok Sendiri"

i3lurker believe in "Fight Aeroplane" a Cantonese term for an uncurable medical condition meaning constant self pleasurization aka masturbation

And geary believe 10 baggers didn't strike from past financial statements, past n present rules n specific criteria. They are all temporary, accordingly to business requirements n environment or in short gut feeling 10 baggers will drop from the sky

geary

6,337 posts

Posted by geary > 2023-11-25 17:49 | Report Abuse

AirAsia Brand is Super Famous...It's one of fastest, PN17 stock to be uplifted. Bursa SC did the Right Job...Because it's the 14th Consecutive Win, World Best Low Cost Airline! They are afraid AAX n CAPITALA...will run away...to be listed elsewhere...habis lah Bursa... Lesser n lesser branded n famous companies LOH!?
Insas Can or Not...apa ada...half dead service or product... sampai mati...tak dapat...10 baggers... LOH!?
But...Trollers Still so... Soochaaaiiiisss...🤮!

geary

6,337 posts

Posted by geary > 2023-11-25 18:45 | Report Abuse

AirAsia Brand is Super Famous...It's one of fastest, PN17 stock to be uplifted. Bursa SC did the Right Job...Because it's the 14th Consecutive Win, World Best Low Cost Airline! They are afraid AAX n CAPITALA...will run away...to be listed elsewhere...habis lah Bursa... Lesser n lesser branded n famous companies LOH!?
Insas Can or Not...apa ada...half dead service or product... sampai mati...tak dapat...10 baggers... LOH!?
But...Trollers Still so... Soochaaaiiiisss...🤮!
So Soochaaaiiiisss...in the senseless n hopeless...asking Insas's BODs...to pay special or higher dividend...so everyday fighting n feeling so sad n desperate...🤮
AAX from lowest #0.40...highest was #2.60...!?
Why CapitalA cannot go up from around...#0.60 to #2.50...!?
It's a matter of how strong the demand for the shares..more buyers n less sellers!?
All shares will go up n down...only the percentage of volatility that really matter...to win multi Baggers...🚀
Insas can even go up 2 baggers, after so many years🤮
Soochaaaiiiisss only will buy n hold...for lost return of less than #6%...cannot beat Inflation n Depreciation. That's lost making investing strategy 🤮🙏

Sslee

5,929 posts

Posted by Sslee > 2023-11-25 18:56 | Report Abuse

geary do you know AAX from listing untill now never pay any dividend but RI, 10 to 1 consolidation and PP?

So what is so great about AAX for you to boost AirAsia Brand is Super Famous...It's one of fastest, PN17 stock to be uplifted.

When will capA uplift from PN17?

Repost:
Nov 23, 2023 10:10 AM | Report Abuse

Posted by Mabel > Nov 23, 2023 9:30 AM | Report Abuse
https://theedgemalaysia.com/node/690869

Quote; "Our Magician Fernandes had said the investment holding group, which is involved in aviation, logistics, lifestyle and financial services ventures, planned to submit its finalised regularisation plan to Bursa Malaysia as early as February.

“We can be out of PN17 status, definitely this year, and I hope much earlier than that. All of the consultants are now going through all the work,” he had said at an event in January this year." unquote

So did Stony submitted any finalised regularisation plan to Bursa Malaysia as early as February?

And how to “We can be out of PN17 status, definitely this year" when the PN17 regularisation plan has been postpone for the third time from Jan 2023 to July 2023 to Oct 2023 and now to 31th Dec 2023?

And still Mabel believe Stony word? How many more time do you want to believe Stony?

Sslee

5,929 posts

Posted by Sslee > 2023-11-25 19:16 | Report Abuse

By the way AAX get out of PN17 because of its infamous debts restructure of paying creditors (include canceled flight paid customers) 0.5 sen for every ringgit owed.

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-25 19:25 |

Post removed.Why?

Posted by StartOfTheBull > 2023-11-25 19:28 | Report Abuse

Does Lee know why institutional investors not buying into Insas?

Sslee

5,929 posts

Posted by Sslee > 2023-11-25 19:33 | Report Abuse

Mike-tikus are you seeking attention in capA forum?
By the way are you Tikus or Swines or both and kisiao?

Plese go back to your Jaks forum and reply to what geary has to say about Jaks.

Posted by geary > Nov 3, 2023 10:45 PM | Report Abuse
Hahaha...Only Swines are easily lured into such good for nothing... company...insiders...outsiders...are scammers... crocodiles n piranhas...KYY already lost millions...after visited Vietnam Power Plant...plus all kena Swindled by Jaks Insiders...!?
Lagi Tak Tahu... that's why all lost until kisiao...anyhow defecating n urinating in i3...🤮😷

geary

6,337 posts

Posted by geary > 2023-11-25 19:42 | Report Abuse

geary do you know AAX from listing untill now never pay any dividend but RI, 10 to 1 consolidation and PP?
So what is so great about AAX for you to boost AirAsia Brand is Super Famous...It's one of fastest, PN17 stock to be uplifted.
When will capA uplift from PN17?
The important rate of return is to win #100% back your cost...we sold half when share prices...go up #100%... that's one bagger!?
So the balanced holdings are zero cost...so just let it Rolls... receive DY or bonus...whatever.
Important is zero down our cost of portfolio holdings equities.
AAX already from around YTD...#0.70/2.60. So it's already, by roughly 1.50/2.00...most already took back their cost of capital outlay!?
Whatever rate of return, afterwards it's #100%...Understand🥱
For Insas...YTD not even #20%🤮...uptrend...so it's not our watchlist of stocks.
Dividend sometimes it's not the only criteria, optional maybe .. it's the price uptrend that really matter most...Happy Trading 🙏
Time for ⚽🙏

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-25 20:18 |

Post removed.Why?

Sslee

5,929 posts

Posted by Sslee > 2023-11-25 20:20 | Report Abuse

Mike-tikus please learn from geary and no need to promote jaks day and night 24/7/365 for many months and now from how many digit gains to only half sen gain?

Jaks
4 Weeks Range: 0.19 - 0.21
52 Weeks Range: 0.17 - 0.305

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-25 20:31 |

Post removed.Why?

Posted by StartOfTheBull > 2023-11-25 21:28 | Report Abuse

Jaks at that time was damn hot, so lucky l did not pick up any.

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-25 21:29 |

Post removed.Why?

The_JQuestion

1,607 posts

Posted by The_JQuestion > 2023-11-25 22:37 | Report Abuse

looks like mr sot like to roam around choosing his victimes.... let him be , he like to be in limelight as LOSER or WINNER? we can tell... failure is ntg to a man of his standards, AMAZING . dont give up , young man OLD man can u keep UP?

Mabel

23,733 posts

Posted by Mabel > 2023-11-25 23:15 | Report Abuse

#geary AirAsia Brand is Super Famous...It's one of fastest, PN17 stock to be uplifted. Bursa SC did the Right Job...Because it's the 14th Consecutive Win, World Best Low Cost Airline! They are afraid AAX n CAPITALA...will run away...to be listed elsewhere...habis lah Bursa... Lesser n lesser branded n famous companies LOH!?
25/11/2023 6:45 PM

Yes lah, to New York with Loves…

Just like China, New York also got so many handsome and powerful men. They got Tom Cruise la, Al Pacino la and Denzel Washington…

Like that soon our CapitalA can fly like those Jet Fighters in Top Gun, Fight like the Last Samurai, can make money like Jerry Maguire while all CapitalA shareholders will live like The Godfather and femes like Malcolm..

Thank you Magician Tony for preparing the runway for us to fly to New York…

To New York with Loves..

Captain Mabel Meow

AirAsia chief prepares runway for New York Spac listing
https://www.ft.com/content/cf6ca031-5bf5-4c3a-a652-acecc4adedf1

Mabel

23,733 posts

Posted by Mabel > 2023-11-25 23:22 | Report Abuse

We should be celebrating in Capital A not arguing for AAX success to exit PN 17..

Next Wang will Capital A and our Sapnrg..

Watch me…

https://www.youtube.com/watch?v=hCLkVrp_4CE

Meow Meow Meow

Mabel

23,733 posts

Posted by Mabel > 2023-11-25 23:22 | Report Abuse

This week Mabel AirAsia looks so beautiful...

Mabel still thinks Tony is a real Magician beside visionary and a turnaround expert, who transformed a failing airline into a successful and profitable business.

Before the Pandemic, all shareholders were celebrating as shareholders of AirAsia have been showered with 90 sen per share special dividend, which is worth more than RM3bil in total payout. The dividend is equivalent to 34% of dividend yield from the last traded price of AirAsia's shares at RM 2 The year before he showered us with 64 sen Dividends and 12 sens even before that. Mabel recall EVERY WANG here were FLYING that time..

Just like SIA, CapitalA AirAsia was also paralysed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government. Now you know why Mabel salute Air Asia.

Enjoy your well deserve weekend every wang..

Good Meow

Sslee

5,929 posts

Posted by Sslee > 2023-11-26 08:16 | Report Abuse

One thing I agree with geary is there are many "kisiao" people in i3. Better make sure you are not one of them.

Invest only with your spare money and never all in by gut feeling 10 baggers will drop from the sky.

Technical Analysis (TA)
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activities, such as price movement trade volume and focus on patterns of price movements, trading signals and various other analytical charting tools to evaluate a security's strength or weakness. Thus TA pattern is influence by Greed & Fear (Behavior pattern) and will be most effective if use together with FA Qualitative study of Economic condition and Industry condition that create greed and fear where people will panic buy or panic sell as no one will look at FA quantitative financial data

Fundamental analysis (FA)
Fundamental analysts study anything that can affect the stock's value, including macroeconomic factors (e.g. economy and industry conditions) and microeconomic factors (e.g. financial conditions and company management). The end goal of fundamental analysis is to produce a quantitative value (Intrinsic Value) that an investor can compare with a stock's current market price, thus indicating whether the stock is undervalued or overvalued. Fundamental analysis is a method of evaluating a stock in an attempt to assess its intrinsic value.

In summary Fundamental Analysis cover:
QUANTITATIVE
Financial data/ratio contain in current and past financial report.

QUALITIVE
Economy condition (Current and future)
Industry condition (Current and future)
Company management (Current and future)
Profit growth prospect (Current and future)
In short what many people term as Business Sense (BS) is actually the qualitative part of Fundamental Analysis. BS is subset of FA.

Beside explaining the relationship between TA, FA and BS, I emphasis important of reading financial report: P&L statement, Balance sheet, Cash Flow and working out the intrinsic value.

Definition: Intrinsic value is the Present value of the investment of all the expected cash flow over the lifetime discounted at the appropriate discount rate.

Intrinsic value = (CF1/ (1+d)^1) + (CF2/(1+d)^2) + ----- +(CFn/(1+d)^n)

Where:
CF = Cash Flow in the Period
d = Discount rate
n = The period number
This Intrinsic value is actually a Discounted Cash Flow (DCF)
Example of intrinsic value of INSAS is then the Sum of DCF expected cash flow from varies business streams.
For INSAS assets rich case, it is my opinion that the liquid assets minus total liabilities should be added to this intrinsic value.

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-26 08:45 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-26 09:13 |

Post removed.Why?

Sslee

5,929 posts

Posted by Sslee > 2023-11-26 09:15 | Report Abuse

Agreed with i3lurker and geary on Mike-tikus behavior.

Posted by i3lurker > Nov 26, 2023 8:45 AM | Report Abuse
Satanic Accuser MikeCheatYouCrazy working overtime.

Posted by geary > Nov 3, 2023 10:45 PM | Report Abuse
Hahaha...Only Swines are easily lured into such good for nothing... company...insiders...outsiders...are scammers... crocodiles n piranhas...KYY already lost millions...after visited Vietnam Power Plant...plus all kena Swindled by Jaks Insiders...!?
Lagi Tak Tahu... that's why all lost until kisiao...anyhow defecating n urinating in i3...🤮😷

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-26 09:19 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-11-26 09:30 |

Post removed.Why?

Mabel

23,733 posts

Posted by Mabel > 2023-11-26 12:03 | Report Abuse

https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm

India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil.

Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes.

Mabel Oil Production: MPOA 1-20 October 2023
Peninsular Malaysia: (+) 4.83%
Sabah: (+) 4.26%
Sarawak: (-) 0.54%
East Malaysia: (+) 2.99%
Total Malaysia: (+) 4.14%

Haha..Thanks to Mabel Oil, KL is now listed as a top destination for food in 2023 by Lonely Planet..

Now you know why India is crying for more ..

https://www.thestar.com.my/lifestyle/travel/2022/11/16/kl-listed-as-one-of-the-top-foodie-destinations-for-2023

Since the average shipping time from Malaysia to India is about 10 to 15 days, we can expect many Bollywood Team will cum to Malaysia to enjoy our delicious foods

Next Question, which Airlines will use?

Haha no wonder our Magician Tony is soooo bullish about CapitalA

To Our Success !

Meow Meow Meow

Sslee

5,929 posts

Posted by Sslee > 2023-11-26 12:16 | Report Abuse

The AirAsia India brand sunset on 31 October 2023,[6] and the airline now operates, markets and distributes their flights for Air India Express

On 29 December 2020, AirAsia Berhad announced that it would sell a 32.67% stake in AirAsia India to Tata Sons for $37.7 million, including a provision to sell the remaining 16.33% stake for $18.8 million.[34][35] Tata Sons acquired Air India Limited on 8 October 2021.[36][37] The Tata Group requested approval from the Competition Commission of India (CCI) to merge AirAsia India with Air India Limited in April 2022,[38] which was granted on 14 June 2022.[39] On 2 November 2022, AirAsia Berhad sold the remaining 16.33% stake to Tata Sons. However, the AirAsia brand could still be used for twelve months.[40]

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