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Teleport Plans to Buy Seven More Freighters to Deliver Two Million Parcels Daily by 2025
Teleport, Capital A Bhd’s (KL:CAPITALA) majority owned logistics arm, is planning to boost its network with seven more air freighters, as it targets to increase the volume of parcels it delivers daily to two million by end-2025, from 130,000 parcels a day at end-2023.
AirAsia X Logs Best Day in Six Months on Capital A Restructuring
Shares of AirAsia X Bhd (AAX) rose to a six-month high as investors cheered a restructuring plan that would make the company the largest low-cost carrier in Southeast Asia.
Capital A's Proposed Aviation Business Sale Looks Positive -- Market Talk
Capital A's proposed sale of its aviation business to AirAsia X for MYR6.8 billion looks "overall positive," Hong Leong IB analyst Daniel Wong says in a note.
Capital A May Face Higher Jet Fuel Costs -- Market Talk
Capital A may face higher jet fuel costs amid rising geopolitical tensions in the Middle East, Maybank IB analyst Yin Shao Yang says in a note.
Capital A Denies Report of $400 Million Private Placement
Capital A (KLSE:CAPITALA) refuted a report by The Edge claiming the company is seeking a $400 million private placement, saying in a Malaysian bourse filing on Monday that it did not conduct any media
Capital A Berhad's (KLSE:CAPITALA) Top Owners Are Retail Investors With 38% Stake, While 32% Is Held by Private Companies
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