KLSE (MYR): CAPITALA (5099)
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Last Price
0.765
Today's Change
0.00 (0.00%)
Day's Change
0.755 - 0.77
Trading Volume
4,259,500
2024-09-04
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Sslee
5,932 posts
Posted by Sslee > 2024-01-24 12:33 | Report Abuse
Currently what capA leasing unit is:
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.
The planes was ordered during precovid 19 and Stony has big plan for AA India and hoping poker man can pull string and set up an AA China.
Post Covid-19, Stony get himself kicked out from AA India and AA China still remain a pipe dream.
Do Stony has a plan on how capA going to utilise these planes?
Stony can only think of below grand plan:
The proposed deal is to merge CAPI (capA' Brand AA and leasing unit) with Aetherium Acquisition Corp (NASDAQ: GMFI), a Special Purpose Acquisition Company (“SPAC”) listed on the Nasdaq stock exchange for an indicative equity value of United States Dollars (“USD”) 1 billion based on an independent valuation of the AirAsia Brand.