STOCK SAHAM.CO

AirAsia parent Capital A engages RHB, four others to regularise financials

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KUALA LUMPUR: AirAsia parent Capital A Bhd said on Tuesday (Nov 1) that it has engaged RHB Investment Bank Bhd, BDO Consulting Sdn Bhd, Deloitte Corporate Advisory Services Sdn Bhd and Ernst & Young PLT, besides law firm Adnan Sundra & Low, to help Capital A regularise its financial condition under Bursa Malaysia’s Practice Note 17 (PN17) scheme.

“Other professional advisers, namely (the) independent market researcher and independent adviser, will be announced upon official appointment.

“The company has approximately two months to submit its regularisation plan to the relevant regulatory authorities for approval to implement the same, and shall make the necessary announcement(s) with regard to the development thereof accordingly,” Capital A said in a Bursa Malaysia filing.

Source : The Edge Markets

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