CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

1.00

Today's Change

0.00 (0.00%)

Day's Change

0.96 - 1.01

Trading Volume

25,098,500


127 people like this.

168,965 comment(s). Last comment by moonlanding 1 hour ago

abidinaa

100 posts

Posted by abidinaa > 1 month ago | Report Abuse

Balian is grown up adult with kindergarten brain stuck in it and with a short dic stuck
in between tiny winy ball. I don't bother looking at his comment. Let alone reading them. He kept on meticulously repeating the same nonsense. He got no money one. So please ignore him at all cost

paulthesotong

2,872 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Well u heard from the horse mouth CapA leads in innovation, cost leadership, stabilizes, expansions, n niche market growths.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

A narrow body long haul Airbus A321neo to new route Africa is consideted as expansions into niche market?

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Africa is also where MPox is.
So naturally many airlines do not want to expose their precious stewardess lives to it.

paulthesotong

2,872 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Almaty,Kazakhstan n Nairobi Kenya -two good nice places to start.

abidinaa

100 posts

Posted by abidinaa > 1 month ago | Report Abuse


Come fly with me, let's fly, let's fly away
If you can use some exotic booze, there's a bar in far Bombay
Come on and fly with me, let's fly, let's fly away
Come fly with me, let's float down to Peru
In llama land, there's a one man band
And he'll toot his flute for you
Come on fly with me, let's take off in the blue
Once I get you up there, where the air is rarefied
We'll just glide, starry-eyed
Once I get you up there, I'll be holding you so near
You may hear all angels cheer because we're together
Weather wise, it's such a lovely day
Just say the words and we'll beat the birds down to Acapulco Bay
It's perfect for a flying honeymoon, they say
Come fly with me, let's fly, let's fly away
Once I get you up there, where the air is rarefied
We'll just glide, starry-eyed
Once I get you up there, I'll be holding you so very near
You might even hear a whole gang cheers just because we're together
Weather wise, it's such a coo-coo day
You just say those words and we'll take our birds down to Acapulco Bay
It's so perfect for a flying honeymoon, oh, babe
Come fly with me, let's fly, let's fly
Pack up, let's fly away
And don't tell yo' mama

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

https://www.youtube.com/watch?v=u3kyP5mp3R8&t=102s

*Great things take time*..

Did you know that Singapore Airlines got about 10 billion Sing dollars and all the airlines in Europe and America got help from their respective Government. We survive on our own…

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

CapA is technically a bankrupt/insolvent company.
It's already a miracle that Stony managed to keep it afloat and running.

What more do you want from Stony?
To bankrupt AAX one more time?
Or take all the sucker suiyee billis for a ride?

DickyMe

14,899 posts

Posted by DickyMe > 1 month ago | Report Abuse

The miracle is enabled by divine force because the insolvency was created by almighty.
The strength of Tony's capability to keep the business afloat is appreciated by divine force, abov simpleton humans who harps on technicalities and man made moral value or laws.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

Moral value?
Know what AAX previous debts restructure look like?
If you are a true believer in moral value then be a teacher and never involve yourself in business.

DickyMe

14,899 posts

Posted by DickyMe > 1 month ago | Report Abuse

Moral values are human's wish list and can be overridden by individual need.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

We survive on our own…

Business is to survive at all costs.
And to survive you need to override many things

Posted by DickyMe > Oct 13, 2024 3:20 PM | Report Abuse
Moral values are human's wish list and can be overridden by individual need.

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

Haha Handsome sslee, you need to watch the webinars to understand where Our Magician is taking us...

Mabel was crying happily all the way watching this very informative webinar...

Well-done Capital A, while Mabel's Singapore Airlines has a very resourceful Sugar Daddy when we really need them, Tony has turned this RM 1 company into a Multi Billion Company..

Who else can do that without any injection from State aid and Injection from White Knights?

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

Who else can do that without any injection from State aid and Injection from White Knights?

Past success can make you full of yourself and refuse to seek help when you truely need an external helps.

I can only hope what Stony trying to do will not ended up with all the BOD in jail.

DickyMe

14,899 posts

Posted by DickyMe > 1 month ago | Report Abuse

The state is not willing to help for ulterior motive.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

A coin has two side. You can also say Stony refuse to seek help for ulterior motive.

DickyMe

14,899 posts

Posted by DickyMe > 1 month ago | Report Abuse

It's your preference.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

sslee
I had been trying to tell you for years that there is no crime if the shareholders of AAX and CapA are willing to take the poison and or go bankrupt gleefully.
Sepukku is always normal days work......

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Bursa does not approve anything. Been that way for 20+ years after transition to market disclosure regime.
Both shareholders of AAX and CapA makes the Approval jn general meeting and take full responsibility for committing Sepukku themselves.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Coincidentally Scammers always attempts to make shareholders' documents "holy" by fraudulent claims that Bursa approved it.

The_JQuestion

1,700 posts

Posted by The_JQuestion > 1 month ago | Report Abuse

why dont u and sslee go join bursa and proof it ... if not , just accuse u can join the big 4 and make ur claims TRUE>.. if not they are as good as TRUE
tony told u its just " Accounting " issue , just like PN17 , he can make it go AWAY .... if follow ur rules , ur book , ur law , can go back to timah and padi fields wakakkaka
AA meant to fly , not grounded
Smart money always flow , guess who is benefiting MORE , Market will let u know ... no need think or talk so MUCH
the results will REVEAL shortly...

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Another good example of Bursa does not approve anything is Serba case. Shareholders approve everything in general meeting and takes full responsibility whether good or bad. Bursa just makes sure full market disclosure had been make via circulars and announcements when appropriate.

abidinaa

100 posts

Posted by abidinaa > 1 month ago | Report Abuse

Message from M○R○N all over the world to Balian de Ibelis aka I3cunlicker. Go lick your arse and fuc some hores somewhere else.

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

Weather Forecast for Capital A Bhd

CAPITALA has broken out of its 1-week bullish flag pattern with another positive white candle on friday, implying that the prior uptrend is likely to continue. In view of the recent golden cross, coupled with steady trading volume since the breakout in mid-September, this further reinforces the upward strength in the near term.

We expect the positive momentum to steer the stock higher and test the next resistance at RM1.02(R1) followed by RM1.07 (R2) in the near term.

On the downside, stop-loss is set at RM0.81.

The_JQuestion

1,700 posts

Posted by The_JQuestion > 1 month ago | Report Abuse

NExt week is revelation time ,, the winners and losers will show themself... Cards will be revealed ... just stay tune to an interesting week :))

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

Both Capital A and AAX have take off this morning. According to Magician Tony, Capital A is valued between RM 5 to 6 billion. With the estimated number of shares of 4 billion, Capital A share price would be between RM 1.25 to RM 1.50.

Meow Meow Meow

rhtc88

21 posts

Posted by rhtc88 > 1 month ago | Report Abuse

Bursa does not approve anything. Been that way for 20+ years after transition to market disclosure regime.
Both shareholders of AAX and CapA makes the Approval jn general meeting and take full responsibility for committing Sepukku themselves.

Bursa does not approve anything, reject or not yet approve is 2 different things, Just like in a politic party, if you dont win in a nomination in party then how do you win in a national election. That's we call Step by step.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

I already vote against the 3 resolutions.
I had done my part.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

Come 16th Oct AAX EGM. I will also vote against all the resolutions.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

Someone need to learn how to stand up from where he fall and not finding a sucker to dump all your problems to the sucker.

paulthesotong

2,872 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Another disgruntaled airline customer.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Besides the usual there is a sucker born every second.

From these countless suckers' postings here, you can see that many suckers actually fight it out to be the Top Sucker.


Sslee

Someone need to learn how to stand up from where he fall and not finding a sucker to dump all your problems to the sucker.

39 minutes ago

JrWarren

178 posts

Posted by JrWarren > 1 month ago | Report Abuse

Mr Lee, have your questions being answered?

JrWarren

178 posts

Posted by JrWarren > 1 month ago | Report Abuse

First round meeting ended, 99% shareholders supported all the resolutions.
Afternoon will be RCUID meeting.

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

#JrWarren First round meeting ended, 99% shareholders supported all the resolutions.
Afternoon will be RCUID meeting.
14/10/2024 12:02 PM

Brilliant JrWarren. The latest update from Capital A’s Extraordinary General Meeting (EGM) indicates that 99% of shareholders supported all the resolutions in the first round of the meeting. The afternoon session will focus on the Rights, Convertible Unsecured Islamic Debt Securities (RCUID) meeting.

This EGM is a crucial step in Capital A’s strategic plan to dispose of its aviation business to AirAsia X (AAX), aiming to streamline its operations and enhance shareholder value. The successful completion of this transaction will lead to the formation of a new AirAsia Group, combining both short-haul and long-haul operations under one umbrella.

Appreciate any further updates from the RCUID meeting.

To Our Success !

Meow

webnation

24 posts

Posted by webnation > 1 month ago | Report Abuse

i voted my part

paulthesotong

2,872 posts

Posted by paulthesotong > 1 month ago | Report Abuse

yeah going to secondhalf after 2pm.

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

Here are the key highlights from Capital A’s Extraordinary General Meeting (EGM) so far:

Strong Shareholder Support: An overwhelming 99% of shareholders supported all the resolutions in the first round of the meeting.

Approval of Major Resolutions: Disposal of Aviation Business: Shareholders approved the disposal of Capital A’s aviation business to AirAsia X (AAX).

Issuance of Rights Shares: Approval was granted for the issuance of new shares to raise additional capital.

Convertible Unsecured Islamic Debt Securities (RCUID): The issuance of RCUIDs was approved, allowing for future conversion into equity.

Amendments to the Constitution: Necessary amendments to the company’s constitution were approved to facilitate the transactions and ensure regulatory compliance.

These resolutions are part of Capital A’s strategic plan to streamline operations and enhance shareholder value. The afternoon session will focus on the RCUID meeting, which is crucial for the company’s financial restructuring.

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

This announcement is dated 14 October 2024.

Voting Results

1. SPECIAL RESOLUTION 1
Description PROPOSED DISPOSAL BY THE COMPANY OF ITS 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED ("AAAGL") TO AIRASIA X BERHAD ("AAX") FOR A DISPOSAL CONSIDERATION OF RM3,000.0 MILLION TO BE SATISFIED ENTIRELY VIA THE ALLOTMENT AND ISSUANCE OF 2,307,692,307 NEW ORDINARY SHARES IN AAX AT AN ISSUE PRICE OF RM1.30 EACH ("PROPOSED AAAGL DISPOSAL")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 516 70
No. of Shares 720,249,656 172,535
% of Voted Shares 99.9761 0.0239
Result Accepted

2. SPECIAL RESOLUTION 2
Description PROPOSED DISPOSAL BY THE COMPANY OF ITS 100% EQUITY INTEREST IN AIRASIA BERHAD ("AAB") TO AIRASIA X BERHAD ("AAX") FOR A DISPOSAL CONSIDERATION OF RM3,800.0 MILLION TO BE SATISFIED ENTIRELY VIA THE ASSUMPTION BY AAX OF AN AMOUNT OF RM3,800.0 MILLION OWING BY THE COMPANY TO AAB ("PROPOSED AAB DISPOSAL")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 518 68
No. of Shares 720,254,956 167,235
% of Voted Shares 99.9768 0.0232
Result Accepted

3. SPECIAL RESOLUTION 3
Description PROPOSED DISTRIBUTION OF 1,692,307,692 NEW ORDINARY SHARES IN AAX ("AAX SHARES") ARISING FROM THE PROPOSED AAAGL DISPOSAL ("DISTRIBUTION SHARES"), TO THE ENTITLED SHAREHOLDERS OF THE COMPANY BASED ON THEIR RESPECTIVE SHAREHOLDINGS IN THE COMPANY ON A PRO-RATA BASIS, ON AN ENTITLEMENT DATE TO BE DETERMINED BY THE BOARD AND ANNOUNCED LATER BY THE COMPANY ("ENTITLEMENT DATE"), ON WHICH THE NAMES OF ITS SHAREHOLDERS MUST APPEAR IN THE COMPANY'S RECORD OF DEPOSITORS AS AT 5:00 P.M. ON THAT DATE IN ORDER TO BE ENTITLED TO THE PROPOSED DISTRIBUTION BY WAY OF A PROPOSED REDUCTION AND REPAYMENT OF THE COMPANY'S ISSUED SHARE CAPITAL PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED DISTRIBUTION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 526 60
No. of Shares 720,267,324 155,835
% of Voted Shares 99.9784 0.0216
Result Accepted

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

Sometime I wonder whether Mabel is a shareholder of CapitalA?

geary

6,390 posts

Posted by geary > 1 month ago | Report Abuse

CapitalA Monthly Pivot Points ñ Momentum Indicators!
S1: 0.75.
S2: 0.80.
PIVOT: 0.85.
R1: 0.92.
R2: 1.00.
Dis: Trade/Hold at your own Risk!

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

Of Course, Proud to be a shareholders of Capital A

Here's a better source which Mabel just saw, thanks to Handsome sslee...

https://klse.i3investor.com/web/mktbzz/meeting-detail/16293_1380997848

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

If so then where did Mabel get below information on Issuance of Rights Shares?

Issuance of Rights Shares: Approval was granted for the issuance of new shares to raise additional capital

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

The issuance of rights shares is a common method for companies to raise additional capital by offering existing shareholders the opportunity to purchase additional shares at a discounted price. This approach helps companies meet financial obligations or fund expansion plans without increasing debt.
https://www.investopedia.com/investing/understanding-rights-issues/

Mabel

24,324 posts

Posted by Mabel > 1 month ago | Report Abuse

Moving forward, we wait for the final outcomes from today's meeting..

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Nice, Capital A Receives Shareholders Nod For AirAsia Disposal. Time for Cap A to fly

https://www.businesstoday.com.my/2024/10/14/capital-a-receives-shareholder-nod-for-airasia-disposal/

Sslee

6,935 posts

Posted by Sslee > 1 month ago | Report Abuse

The last time CapitalA did a cash call RI is RCUIDS with free warrants.
RCUIDS is debt and not equity.
So did Stony promise to convert his RCUIDS to capitalA shares?

JrWarren

178 posts

Posted by JrWarren > 1 month ago | Report Abuse

RCUIDS carry 8% interest, I will wait till next year before repayment starts, then convert 25% every year
this will maximize my interest return and capital gain (mother share) as well.

human

216 posts

Posted by human > 1 month ago | Report Abuse

Sslee ponteng the Egm again? Tony answer the question whether he convert the rcuids before the proposal.

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