Capital A shares up on airline ops merger plan

TheStar Tue, Apr 30, 2024 12:00am - 3 weeks View Original


Capital A CEO Tan Sri Tony Fernandes at a media briefing. KAMARUL ARIFFIN / TheStar

KUALA LUMPUR: Capital A Bhd shares rose to its highest in over three months yesterday, following the company’s proposal to merge its short and long-haul airline operations last Thursday.

At 5pm, the company closed 7.48% higher to 79 sen.

On April 25, Capital A announced its restructuring plan in its efforts to address its Practice Note 17 status.

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