CAPITAL A BERHAD

KLSE (MYR): CAPITALA (5099)

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Last Price

1.07

Today's Change

+0.04 (3.88%)

Day's Change

1.02 - 1.06

Trading Volume

31,656,400


127 people like this.

168,870 comment(s). Last comment by TradingFUN 24 minutes ago

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-03 17:32 | Report Abuse

U can keep avoiding this question... your choice.. But it will be asked until its answered.

😁😁😁😁

U havent replied which terminal shows CapA price at 0.90 .. Dont evade 🤣🤣🤣

Keep hiding ya

Admit u blind.. then i understand

Posted by Huangbk72 > 15 minutes ago | Report Abuse

Hahaha.... what terminal you looking at? I have to subsribe for fun

Posted by geary > 36 minutes ago | Report Abuse

Blind telling the blind...the Price now is...@0.90...did u wear thick glasses...A Nerd.

Posted by Bruce_Wayne > 2023-11-03 18:47 | Report Abuse

First of all, Stony is not seeking a listing for Capital A in Nasdaq

He wishes to list Capital A International, and not Capital A

Capital A International shall be made up of Brand AA Sdn Bhd and Fleet Consolidated Pte Ltd

Both Brand AA and Fleet Consolidated are newly formed subsidiaries and do not have any revenue

The idea of Capital A having to pay royalty income to Brand AA Sdn Bhd, a subsidiary of Capital A, looks like, for the lack of a better term - a corporate self-cannibalism hare-brained scheme

Capital A is already losing money

By paying royalty income to Brand AA, Capital A will lose even more money

More critically, Capital A will be paying to Brand AA using passengers' carriage in advance money. The passenger's carriage in advance money is actually trust money and ought not be paid to another company under the guise of brand royalty payment.


---
Posted by Sslee > 5 hours ago | Report Abuse

Repost:
Posted by Bruce_Wayne > Nov 1, 2023 11:17 PM | 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

So what the above comment by Bruce_Wayne mean????

Posted by Bruce_Wayne > 2023-11-03 22:36 | Report Abuse

Jonathan Chan, Chairman & CEO of Aetherium Acquisition is also Managing Partner at Vigilant Assets

Alec Lee, CFO of Aetherium Acquisition is also a Managing Director at Vigilant Assets

Vigilant Assets Pte Ltd appears to be newly set-up and has yet to file annual returns

Scam and Scammer

Serba 2.0


---

https://www.aetheriumcorp.com/our-team

Jonathan Chan, Chairman & CEO
He is the Managing Partner at Vigilant Assets

Alec Lee, CFO
Our CFO is a Managing Director at Vigilant Assets

---

https://www.vigilant-assets.com/
Vigilant Assets is a Singapore-based firm focused on providing capital and value to high-growth enterprises achieving best-in-class returns to global investors.

Our team’s expertise in various investment vehicles, including SPACs, Private Equity, and Venture Capital, blockchain architecture, compliance, technology, ...

Vigilant Assets Pte Ltd (Singapore registered company, registration number 202104903C)


---

Company search at https://www.tis.bizfile.gov.sg/

Name: VIGILANT ASSETS PTE. LTD.
UEN: 202104903C
Status: LIVE COMPANY
Address: 20 SIN MING LANE, #08-59, MIDVIEW CITY, SINGAPORE 573968
Industry: WHOLESALE OF COMPUTER SOFTWARE (EXCEPT GAMES AND CYBERSECURITY SOFTWARE)
Annual Return : N.A
Annual General Meeting : N.A
Financial Statements Filed : N.A

This field indicates the date of AR last filed with ACRA. "N.A" means that the company has not filed any AR with ACRA.

paulthesotong

2,850 posts

Posted by paulthesotong > 2023-11-04 11:33 | Report Abuse

FYI... Its a Spac not Spin!

https://www.investopedia.com/terms/s/spac.asp

Posted by Bruce_Wayne > 2023-11-04 12:08 | Report Abuse

Vigilant Assets has nothing to do with Capital A

Capital A has entered into a letter of intent with Aetherium Acquisition for a merger involving the formation of a Cayman Islands entity, Capital A International (CAPI)

Jonathan Chan and Alec Lee are principal officers of Aetherium Acquisition. Both of them are also directors of Vigilant Assets.

Vigilant Assets' stated the following:

"Our team’s expertise in various investment vehicles, including SPACs, Private Equity, and Venture Capital, blockchain architecture, compliance, technology, ensures that our companies and investors stay at the cutting edge of global innovation and capital markets."

Check on Vigilant Assets shows that Vigilant Assets Pte Ltd is newly set-up and has yet to file annual returns



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i3lurker

so CapA is doing business diversification into computer retail like Low Yat Plaza????
CapA doing IT wholesale to another IT wholesale and then to IT retail companies in Low Yat is a low margin business.
Must be true since no change in business activities of VIGILANT ASSETS PTE. LTD.
=> I did not see any announcement to BURSA !!!!

In Malaysia you must file in a change of business activity with SSM, otherwise there is a fooking big compound.

Posted by Bruce_Wayne > 2023-11-04 12:32 | Report Abuse

AirAsia Bhd has previously signed brand licence agreement with the joint venture companies in Thailand, Indonesia, etc

AirAsia Bhd is the registered proprietor for all the rights under the AirAsia brand

AirAsia Bhd formed a RM2 paid-up company called Brand AA Sdn Bhd on 12-05-2021

AirAsia Bhd was renamed to Capital A Bhd

On May 2023, Capital A announced that Brand AA Brand AA is the registered proprietor for all the rights under the AirAsia brand and has the right to collect royalty fees from AirAsia Aviation Group Ltd, Capital A’s aviation division

What Capital A has failed to disclose is :
- how Brand AA Sdn Bhd suddenly became the registered proprietor for all the rights under the AirAsia brand and remains to be a RM2 paid-up company
- how has the change in the registered proprietor for the brand been effected
- what was the consideration for the transfer of proprietorship of the brand
- what are the terms of brand licensing agreement Brand AA and Capital A
- is the brand licensing agreement still at 1.5% of revenue
- why should Capital A pay brand licensing to Brand AA if the transfer of proprietorship of the brand has not been effected

---

https://theedgemalaysia.com/node/688601

"Brand AA 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."

---

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

.

Sslee

6,827 posts

Posted by Sslee > 2023-11-04 16:52 | Report Abuse

Capital A International shall be made up of Brand AA Sdn Bhd and Fleet Consolidated Pte Ltd
Both Brand AA and Fleet Consolidated are newly formed subsidiaries and do not have any revenue.

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.

The proposed deal is to merge CAPI 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.

Capital A International intends to generate revenue from brand royalty and the leasing of aircraft. Additionally, it will be involved in tactical acquisition, incubation and partnerships to provide platforms for entrepreneurs.

Aetherium Acquisition Corp
NASDAQ: GMFI
Share & other options
OverviewFinancialsCompare
10.88 USD +0.01 (0.09%)past 5 days
Nov 2, 10:31 EDT • Disclaimer
Open -
High -
Low -
Mkt cap 69.57M
P/E ratio -
Div yield -

If the deal is all share deal then capA will be paid in GMFI share of about 1,000,000,000/10.88 unit.
If this is the case GMFI will be a subsidairy company of capA

The question without cash injection how to solve capA PN17 status?
As at 30/6/23:
CapA
Net current liabilities of RM (11,938,731,000)
Shareholders' equity RM (8,390,820,000)
Total equity RM (10,304,487,000)

Can CapA do a debt restructure by paying creditors with GMFI share?
Or if capA sold the huge block of GMFI share for cash then GMFI most likely will drop into penny stock and capA will lose the royalty fees income to GMFI

Anyway capA by that time most likely already dispose capA aviation to AAX.

paulthesotong

2,850 posts

Posted by paulthesotong > 2023-11-04 17:26 | Report Abuse

Wait........"A detailed announcement will be made upon signing of a definite agreement for the proposed business combination '

Posted by Bruce_Wayne > 2023-11-04 18:01 | Report Abuse

Aetherium Acquisition Corp could not file quarterly report for June 30, 2023



https://www.sec.gov/Archives/edgar/data/1866547/000149315223028999/formnt10-q.htm

Aetherium Acquisition Corp. (the “Company’) could not timely file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2023, because the financial statements could not be completed in sufficient time to solicit and obtain the necessary review of the subject report and signatures thereto in a timely fashion prior to the due date of the report.

Posted by Bruce_Wayne > 2023-11-04 18:02 | Report Abuse

Not sure how it's going to work for Capital A International

In Aetherium Acquisition case, they raised funds and has until April 3, 2024 to purchase a business. Otherwise they must return funding to investors.

The Sponsor in Aetherium Acquisition paid only USD25,000 or USD0.009 per share for the block of 2,875,000 founder shares , not USD10.00 per share


https://www.sec.gov/ix?doc=/Archives/edgar/data/1866547/000149315223012551/form10-k.htm

On May 11, 2021, the Sponsor purchased 2,875,000 founder shares for an aggregate purchase price of $25,000, or approximately $0.009 per share. In June 2021,....The number of founder shares issued was determined based on the expectation that such founder shares would represent 20% of the outstanding shares upon completion of this offering (excluding the placement units and underlying securities).

We also sought approval to amend the investment management trust agreement, dated as of December 29, 2021, by and between us and Continental Stock Transfer & Trust Company, allowing us to extend the date by which the Company must consummate a business combination up to twelve (12) times, each such extension for an additional one (1) month period, until April 3, 2024, by depositing into the trust account established for the benefit of the Company’s public stockholders the lesser of (A) $0.055 per non redeeming publicly held share of common stock and (B) $150,000 (the “Extension Payment”) for each one-month extension. Both proposals were approved.


---

Sslee

If the deal is all share deal then capA will be paid in GMFI share of about 1,000,000,000/10.88 unit.
If this is the case GMFI will be a subsidairy company of capA

Anw412

128 posts

Posted by Anw412 > 2023-11-04 19:44 | Report Abuse



FacebookTwitterLinkedInRSSInstagram
Freighter operator Teleport adds another partner with VietJet tie up
03 / 11 / 2023
By Damian Brett


Source: Teleport

Malaysia-based cargo airline Teleport has continued to expand its airline partnerships through a new agreement with VietJet.

The two airlines this week signed a Memorandum of Understanding (MoU) at the Air Cargo Southeast Asia 2023 event in Singapore.


The partnership will combine Teleport’s Southeast Asia network with VietJet’s global operations.

The move will help Teleport capitalise on growing demand in Vietnam, the carrier said.

Francis Antony, cargo group head of Teleport, said: “Our partnership with VietJetAir Cargo is timely as Vietnam is clearly growing to be a key market in Southeast Asia, with increasing manufacturing lines shifting to the country in recent years, contributing to more than 20% to the country’s GDP in 2022.

“VietJetAIr Cargo will be able to leverage our freighter capacity and we are able to move goods across key lanes such as Kuala Lumpur to Vietnam.

“Together, we will bolster economic connectivity between Vietnam and the region, ensuring seamless connectivity and enhanced services for both our customers.”

Nelson Wu, Vietjet air cargo managing director, said that its customers would benefit from access to new locations and faster speeds.

“This especially empowers our businesses in Southeast Asia to engage in global trade with greater ease and confidence in the coming time,” Wu said.

The deal is the second Teleport has signed in the last month.

At the start of October, the carrier announced an interline agreement with China-based express carrier SF Airlines.

Teleport brings to the table access into Southeast Asia, and SF Airlines a large express network within China and outbound into European and North American markets.

The move comes as Teleport looks to create new cargo streams to fill the holds of its expanding fleet.

The carrier is in the process of adding 10 converted A321 freighters, with the first delivered in July of this year.

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-04 20:00 | Report Abuse

teleport will remain with capA right? im assuming only the commercial airline business will go to SPAC...

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-04 20:02 | Report Abuse

Either teleport will add value to any of them... CHEERS ! to our success ,, dont forget tan sri he say wan belenja meal already ,, u dont trust???

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-11-04 20:04 | Report Abuse

https://www.goodymy.com/mind45122262
come come free makan ... still dont buy nanti ckp tan sri x bagi ... flight dah free , zero fare... tambah makan free. Apa lagi mau? USD punya meal sedappppp

Posted by Bruce_Wayne > 2023-11-04 20:27 | Report Abuse

No worries when Y approached zero

Can do another SPAC since AirAsia Berhad, and not Brand AA Sdn Bhd, remains to be registered proprietor for all the rights under the AirAsia brand.

However, AirAsia Berhad's brand rights in US no longer valid

Maybe no money to pay for trademark initiatives

Maybe cannot refund money to US citizen who paid carriage in advance

https://trademarks.justia.com/885/95/airasia-88595354.html

2021-10-13 SUSPENSION LETTER WRITTEN
2021-10-13 LETTER OF SUSPENSION E-MAILED
2021-10-13 NOTIFICATION OF LETTER OF SUSPENSION E-MAILED

Sslee

6,827 posts

Posted by Sslee > 2023-11-05 07:22 | Report Abuse

Good morning i3lurker,
Most likely of the 40% CAPI Stony already make a side deal to divide among them

Stony: 20%
Jonathan Chan: 10%
Chairman & CEO and Managing Partner at Vigilant Assets
Alec Lee: 10%
CFO and Managing Director at Vigilant Assets
CapA: 60%

After the deal is done then dispose capA's aviation to AAX and force AAX to do another round of debt restructure (0.5 cents for every dollar owed), capital reduction and 10 to 1 share consolidation.

There after Stony, Jonathan Chan, Alec Lee and CapA can live happilly knowing they have CAPI with NPV USD1 Billion forever.

Stony will come out with new slogan instead of AA's "now everyone can fly" it is capA's "now everyone can live happilly"

Mikecyc

46,690 posts

Posted by Mikecyc > 2023-11-06 04:27 |

Post removed.Why?

Mikecyc

46,690 posts

Posted by Mikecyc > 2023-11-06 04:35 |

Post removed.Why?

Sslee

6,827 posts

Posted by Sslee > 2023-11-06 06:58 | Report Abuse

Aetherium Acquisition Corp (“Company”) (Nasdaq: “GMFI”) was granted the extension until November 20, 2023 to regain compliance with Nasdaq’s continued listing rule as it relates to the failure to timely file its Quarterly Report on Form 10-Q for the Quarter-Ended March 31, 2023, and June 30, 2023.

CapA was granted the extension until 31 Dec 2023 to submit PN17 regularisation plan, failure to do so will subject capA to suspension and delisting.

So GMFI and capA must be a perfect match make in heaven as both are in danger of delisting.

My question is Stony become so cheap and desperate to grab any thing on sight to stay afloat?

Sslee

6,827 posts

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

InvestingPro Insights
Capital A Berhad, the parent company of AirAsia, has shown promising metrics as per InvestingPro data. With an impressive operating income margin of 86.88% as of Q3 2023.

Someone is so cheap and desperate to post his cut and paste above no-brainer misinformation from InvestingPro Insights. Do he know what are capA aviation cost?
-Fuel cost
-Planes leasing cost
-Finance cost
-Staffs cost
-Other operation cost.
How on earth can capA aviation ever earned an operating income margin of 86.88% and somemore for Q3 2023. Who is he trying to con?

Did he also know Capital A’s aviation is still a 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

Mikecyc

46,690 posts

Posted by Mikecyc > 2023-11-06 08:03 |

Post removed.Why?

Mikecyc

46,690 posts

Posted by Mikecyc > 2023-11-06 09:02 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-06 09:10 |

Post removed.Why?

Mikecyc

46,690 posts

Posted by Mikecyc > 2023-11-06 09:28 |

Post removed.Why?

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-06 09:30 |

Post removed.Why?

paulthesotong

2,850 posts

Posted by paulthesotong > 2023-11-06 10:37 | Report Abuse

oil down , interest rate peaked, usd weaker..airline up..sound logic!

Mabel

24,171 posts

Posted by Mabel > 2023-11-06 13:32 |

Post removed.Why?

Posted by StartOfTheBull > 2023-11-06 13:44 | Report Abuse

Discussion gone haywire already?

geary

6,383 posts

Posted by geary > 2023-11-06 15:55 | Report Abuse

CAPITAL A BHD.
Weekly Pivot Point Momentum!?
S1: 0.82(Buy).
PIVOT: 0.85.(Hold)
R1: 0.91.(Trader's Sell)
R2: 1.00.
Disclaimer: Trade at Your Own Risk.

Mabel

24,171 posts

Posted by Mabel > 2023-11-06 17:35 |

Post removed.Why?

Posted by Sunflower01 > 2023-11-06 18:43 | Report Abuse

Hi

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-11-07 16:37 | Report Abuse

https://theedgemalaysia.com/node/689104
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.

Sslee

6,827 posts

Posted by Sslee > 2023-11-08 10:40 | Report Abuse

Repost:
Aetherium Acquisition Corp (“Company”) (Nasdaq: “GMFI”) was granted the extension until November 20, 2023 to regain compliance with Nasdaq’s continued listing rule as it relates to the failure to timely file its Quarterly Report on Form 10-Q for the Quarter-Ended March 31, 2023, and June 30, 2023.

CapA was granted the extension until 31 Dec 2023 to submit PN17 regularisation plan, failure to do so will subject capA to suspension and delisting.

So GMFI and capA must be a perfect match make in heaven as both are in danger of delisting.

My question is Stony become so cheap and desperate to grab any thing on sight to stay afloat?
07/11/2023 8:38 AM

SinGor Tony is afraid if he Has to join MyAirline CEO----Any Float including Garbage Bag if it can keep Tony above WaterLine for another 6 months
07/11/2023 10:17 AM

Posted by Bruce_Wayne > 2023-11-08 11:21 | Report Abuse

A critical issue with Brand AA charging brand licensing fees to Capital A is that the brand name is still with Capital A (formerly known as Air Asia Berhad)

More importantly is that the Air Asia trademark has been suspended

Stony too cheap to pay for trademark renewal fees?


---

Air Asia
Status653 - Suspension Letter - Mailed
https://trademarks.justia.com/885/95/airasia-88595354.html


Malaysia Airlines
Status700 - Registered
https://trademarks.justia.com/861/26/malaysia-86126812.html


Singapore Airlines
Status800 - Registered And Renewed
https://trademarks.justia.com/764/71/singapore-76471447.html

geary

6,383 posts

Posted by geary > 2023-11-09 08:16 | Report Abuse

Mikecyc
Tony Fernandes named aviation's Asia Pacific CEO of the Year 2023
TheEdge Wed, Nov 08, 2023 11:22pm - 1 hour.

SINGAPORE (Nov 8): Capital A Bhd’s chief executive officer Tan Sri Tony Fernandes has been named "Asia Pacific CEO of The Year" at the Airline Economics’ Aviation 100 Asia Pacific Awards 2023 in Singapore.
👍👏🚀

Sslee

6,827 posts

Posted by Sslee > 2023-11-09 08:39 | Report Abuse

Stony deserved an Oscar as best Bollywood/Bolehland actor of the year 2023 award.
He told you PN17 is just accounting issue. You believe

He told you capA has engaged RHB Investment Bank to assist in the formulation and/or evaluation of possible proposals with the aim of developing a proposed regularisation plan to regularise its PN17 condition. In addition, the Company has also engaged the following advisers for the formulation of the aforementioned regularisation plan:
1. Messrs Adnan Sundra & Low as the Due Diligence Solicitors;
2. Deloitte Corporate Advisory Services Sdn Bhd as the Independent Valuer;
3. Messrs Ernst & Young PLT as the Reporting Accountants; and
4. BDO Consulting Sdn Bhd as the Internal Control Reviewer.
You also believe but all those kingmen keep postphone submitting the PN17 regularisation from Jan 2023 to July 2023 to Oct 2023 and now to 31th Dec 2023.

He told Bursa acquisition with undisclosed sum to “increase effective stake from 40% to 100% in Philippine Air Asia” that transfers about negative equity of RM 2 billion from Non-controlling interest to Shareholders’ equity and about RM 1 billion addition accumulated losses is below the threshold that warrants immediate announcement.
Bursa also believe.

He told theedgemalaysia According to sources, the proposed disposal of Capital A’s aviation assets to AAX will proceed, despite recent events
Theedgemalaysia also believe.

He has taken what is rightfully belong to capA aviation to CapI
Capital A International shall be made up of Brand AA Sdn Bhd and Fleet Consolidated Pte Ltd
Both Brand AA and Fleet Consolidated are newly formed subsidiaries and do not have any revenue.

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.

And merged with Aetherium Acquisition Corp (“Company”) (Nasdaq: “GMFI”) for USD 1 billion
You also believe.
Note: GMFI mkt cap USD 69.99million and was granted the extension until November 20, 2023 to regain compliance with Nasdaq’s continued listing rule as it relates to the failure to timely file its Quarterly Report on Form 10-Q for the Quarter-Ended March 31, 2023, and June 30, 2023.

Now you ask why so many people fall for scams? Is it because human nature like to just believe?
When can people see the reality that capA is an insolvent company and Stony is just trying to grab even a garbage bag to still afloat for a while longor

Please allow me to point out:
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

IshraaqNor

665 posts

Posted by IshraaqNor > 2023-11-09 09:29 | Report Abuse

mula rebound dari 82 sen rasanya

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-09 10:08 |

Post removed.Why?

Sslee

6,827 posts

Posted by Sslee > 2023-11-09 10:39 | Report Abuse

Mike-tikus aka Johnchew1-5 promotor of JAKS day and night 24/7/365 are you lost until kisiao...anyhow defecating n urinating in i3...🤮😷????

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...🤮😷

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-11-09 11:30 |

Post removed.Why?

Mabel

24,171 posts

Posted by Mabel > 2023-11-09 11:41 |

Post removed.Why?

Sslee

6,827 posts

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

Beside the entertainment of Capital A Bhd’s chief executive officer Tan Sri Tony Fernandes has been named "Asia Pacific CEO of The Year" at the Airline Economics’ Aviation 100 Asia Pacific Awards 2023 in Singapore.

By the way the award is rightfully belong to SIA CEO Goh Chooo Phong.

Anyone still believe Stony will unveil capA PN17 regularisation plan on or before 31th Dec 2023?

Mabel

24,171 posts

Posted by Mabel > 2023-11-09 11:53 |

Post removed.Why?

Sslee

6,827 posts

Posted by Sslee > 2023-11-09 11:54 | Report Abuse

Boosted by strong travel demand, the carrier group booked a record $1.44 billion net profit for the half year to end-September, up 55 per cent from $927 million for the same six months a year ago. Operating profit came in at a record $1.55 billion, a 26 per cent jump.

Revenue was up 9 per cent to $9.16 billion. The company declared an interim dividend of 10 cents, amounting to $297 million in total payout.

This is why I say the the award is rightfully belong to SIA CEO Goh Chooo Phong

And what had Stony capA acheived for the 6 months end 30/6/2023 and deserved the award?

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

Mabel

24,171 posts

Posted by Mabel > 2023-11-09 12:41 |

Post removed.Why?

geary

6,383 posts

Posted by geary > 2023-11-09 13:26 | Report Abuse

Mabel Meow!
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. Salute 🙌!
It’s going to be an exciting few month coming up for CapA.
- Submission of PN17 upliftment. Big boys will pump kaw2 once lifted.
- AAX uplifted from PN17 (another attempt)
- 204 active planes by Dec 2024.
- New aircraft orders soon for added capacity and new routes.
- Additional 2 aircraft for teleport.
- New York listing.

Great opportunity lies ahead from our Visionary Leader. Based on Sir TF past track record, Tony will cum with some magic. TF is an accountant currently a member of the Institute of Chartered Accountants in England and Wales (ICAEW).

To Our Success !
Captain Mabel Meow
🙌👏👍🐂🚀

Sslee

6,827 posts

Posted by Sslee > 2023-11-09 13:55 | Report Abuse

The Group reported a net profit of RM929.4 million in 2Q2023 as compared to a net loss of RM1,120.9 million in 2Q2022. The current quarter recorded a gain of RM1,369.3 million from remeasurement of an associate to subsidiary, Asia Aviation Public Company Limited Group (“AAV”), in June 2023 and foreign exchange loss of RM158.6 million due to the appreciation of USD against the local currencies of the Groupduring the quarter.

Is capA profit is real or just some accounting figure of gain of RM1,369.3 million from remeasurement of an associate to subsidiary, Asia Aviation Public Company Limited Group (“AAV”),

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)

Stony is so deperate till grabing a garbage bag "Aetherium Acquisition Corp (“Company”) (Nasdaq: “GMFI”)" to stay afloat in order to meet the obligation of Net current liabilities: RM (11,938,731,000) in the next 12 months time.

What will happen if capA default on Net current liabilities of RM (11,938,731,000)???

Sslee

6,827 posts

Posted by Sslee > 2023-11-09 14:00 | Report Abuse

Do you think:
1. Messrs Adnan Sundra & Low as the Due Diligence Solicitors;
2. Deloitte Corporate Advisory Services Sdn Bhd as the Independent Valuer;
3. Messrs Ernst & Young PLT as the Reporting Accountants; and
4. BDO Consulting Sdn Bhd as the Internal Control Reviewer.
Will want to go to jail with Stony?

Anyone still believe Stony will unveil capA PN17 regularisation plan on or before 31th Dec 2023???

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