Bursa approves Capital A’s regularisation plan

KUALA LUMPUR: Bursa Malaysia Securities Bhd has approved Capital A Bhd’s regularisation plan, paving the way for its exit from Practice Note 17 (PN17) status. CEO Tan Sri Tony Fernandes called it a “giant leap” toward financial stability and operational excellence. “We are fully committed to executing the plan and delivering greater value to stakeholders, including our customers and Allstars,” he said. Bursa’s approval, granted via a letter dated March 7, 2025, underscores Capital A’s transformation from financial distress to a tech-driven group spanning aviation, engineering, logistics, digital travel, and brand management. – BERNAMA