KUALA LUMPUR: Capital A Bhd has entered into a conditional share sale and purchase agreement with AirAsia Group Sdn Bhd (AAG) to dispose of its 100 per cent equity interest in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.
UnionDigital Bank, a unit of Aboitiz-led Union Bank of the Philippines, said it has signed strategic partnership with Capital A Berhad, involving its two key units BigPay Malaysia Sdn Bhd and Airasia Superapp Sdn Bhd. BigPay is the fintech arm providing accessible and secure digital financial services with the vision…
AirAsia Group Bhd said on Thursday (Oct 14) the company has renamed its 100%-owned subsidiary AirAsia Investment Ltd to AirAsia Aviation Ltd in a corporate reorganisation to create a clear distinction between AirAsia Group’s airline and digital businesses.
AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said on Tuesday (Oct 12) that the budget airline's digital businesses which have a valuation of over US$1 billion (about RM4.17 billion) have achieved the unicorn status in record time at under two years since the group accelerated the growth momentum of its non-airline businesses during the Covid-19 pandemic-driven aviation sector downturn.