Capital A eyes HK listing, subsidiary spin-offs - News Summed Up

Capital A eyes HK listing, subsidiary spin-offs


PETALING JAYA: Maybank Investment Bank Research (Maybank IB) has maintained a “buy” call on Capital A Bhd , citing its various corporate exercises. The research house also raised the stock’s target price by 9% to 75 sen, from 69 sen previously. Moreover, Capital A plans to monetise its AirAsia X Bhd (AAX) shares and warrants, and declare a special cash dividend per share (DPS). In the long term, the plan is to publicly list each subsidiary and dividend their shares in specie to Capital A shareholders,” the research house said. As such, the options being explored include gradually distributing AAX shares and warrants in tandem with retained profits generated.


Source: The Star February 09, 2026 07:41 UTC



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