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I wonder why this company issued share capital is still 4.445 billion. Regarding following news, this capital should be 1.6 billion.
NOSH(Number Of Shares Held) says 4.445 million on this KLSEscreener.
I calculate roughly 4.445 million - 2.7 = 1.6 or 1.7.
So it's should be said around 1.6 or 1.7.
Because of capital deduction.
But still 4.445.
Why issued capital has not changed yet?
Capital deduction of capital a has not started and finished yet?
Or maybe deduction has already completed?
Or will show after published 2025 4Q?
Please tell me your opinion…..
Regarding this 8 DEC newsroom
"High Court confirms Capital A share capital reduction to enable AAX share distribution, restructuring on track**KUALA LUMPUR, 8 DEC** Capital A Berhad (“Capital A”) today announced that the High Court of Malaya has confirmed the reduction of the Company’s issued share capital by RM2,741,538,641.04 as part of the planned distribution of AirAsia X Berhad (“AAX”) shares to the entitled Capital A shareholders.”