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OTHERS CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD) ("CAPITAL A" OR THE "COMPANY") END OF BANKRUPTCY PROCEEDINGS INVOLVING AIRASIA JAPAN CO., LTD. ("AAJ"), AN ASSOCIATE COMPANY OF CAPITAL A

CAPITAL A BERHAD

Type Announcement
Subject OTHERS
Description
CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD) ("CAPITAL A" OR THE "COMPANY")

END OF BANKRUPTCY PROCEEDINGS INVOLVING AIRASIA JAPAN CO., LTD. ("AAJ"), AN ASSOCIATE COMPANY OF CAPITAL A

Reference is made to Capital A’s announcements on 5 October 2020 (reference number GA1-05102020-00035), 17 November 2020 (reference number GA1-16112020-00016) and 24 February 2021 (reference number GA1-24022021-00075) regarding the cessation of operations and filing of bankruptcy proceedings by AAJ.


The Board of Directors of the Company wishes to announce that the courts in Japan have ended the bankruptcy proceedings involving AAJ as of 7 April 2022.


There is no financial impact to the Company for the financial year ending 31 December 2022 as the losses and expenses have been recognised in full prior to this.


This announcement is dated 1 June 2022. 






Announcement Info

Company Name CAPITAL A BERHAD
Stock Name CAPITALA
Date Announced 01 Jun 2022
Category General Announcement for PLC
Reference Number GA1-01062022-00043


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