Capital A explores dual listing on Hong Kong Stock Exchange

Capital A Berhad is actively exploring a potential dual listing on the Hong Kong Stock Exchange as part of a broader strategy to access global capital markets and accelerate the growth of its digital and aviation services businesses. The company recently met with HKEX officials and is close to appointing an international investment bank to advise on the listing structure and timeline, with formal proceedings subject to internal assessments and regulatory approvals. CEO Tony Fernandes highlighted Hong Kong as a natural gateway for Capital A, given its strong business exposure in Greater China and appeal to global and Mainland Chinese investors. The dual listing is aimed at enabling Capital A to attract new strategic investors, maximize long-term shareholder value, and support the next phase of growth, particularly for its subsidiaries such as Teleport, Asia Digital Engineering, and AirAsia MOVE. This move aligns with Capital A's ongoing restructuring plan, which is expected to conclude by mid-2025, after which the company plans to further strengthen its capital structure and international presence. The initiative underscores Capital A’s focus on expanding its investor base and leveraging its ASEAN roots for global growth.