Jeff Wong's comment on CAPITALA. All Comments

Jeff Wong
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这股几时PN17 出来。
Aloysius Wong Sing Khiong
只能赌他会不会出,如果知道会不会出早裂了
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Daniel Ng
This is going on the assumption that Capital A receives the high court's approval.

Late December 2024 to early January 2025 if Bursa allows Capital A to use their Q2 2024 & Q3 2024 results to demonstrate profitability. If Bursa doesn't allow Capital A to use their Q2 2024 & Q3 2024 results, then Capital A will have to wait maybe till May 2025 so that they can use their Q4 2024 & Q1 2025 results.

In my opinion, it is more or less a given that Capital A will be getting out of PN17, the question is when. If you look at the circular for the disposal, you will know that in FY23 they are profitable with a PAT of RM91.4m, I will list the businesses below along with the FY23 PAT/LAT

1) ADE - profit after tax of RM115.3m
2) AirAsia MOVE - profit after tax of RM58.1m
3) Teleport - loss after tax of RM3.1m
4) Bigpay - loss after tax of RM106.9m
5) Brand AA - profit after tax of RM12.2m
6) Santan - profit after tax of RM15.8m
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