AirAsia proposes name change to Capital A Bhd

KUALA LUMPUR (Jan 3): AirAsia Group Bhd has proposed to change its name to Capital A Bhd, subject to shareholders’ approval at a general meeting to be convened at a date to be announced later. In a filing to Bursa Malaysia on Monday (Jan 3), the low cost airline said the proposed name “Capital A Bhd” has been approved by the Companies Commission of Malaysia and reserved by the company on Dec 28, 2021. “A circular to shareholders with details of the proposed change of name will be issued to the shareholders in due course. The proposed change of name, if approved by the shareholders, will take effect from the date of issuance of the Notice of Registration of New Name by the CCM to the company,” it said. Shares in AirAsia ended 1.5 sen or 1.90% higher at 80 sen on Monday (Jan 3), giving it a market capitalisation of RM3.14 billion.