Capital A engages research firm to assist in developing PN17 regularisation plan

04/11/2022 07:16 PM

KUALA LUMPUR, Nov 4 (Bernama) -- Capital A has engaged Providence Strategic Partners Sdn Bhd as the independent market researcher to assist in developing a proposed Practice Note 17 (PN17) regularisation plan.

The parent company of AirAsia Aviation Group said Providence Strategic Partners would help with independent market research and review of potential business plans with regard to the plan’s development.

“The company will continue to make the necessary announcements on the development of its regularisation plan accordingly,” it said in a filing with Bursa Malaysia today.

Capital A was classified as a PN17 company - one that is financially distressed - in January this year.



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