Posted by Sslee > 11 hours ago | Report Abuse

geary CapitalA Latest News, September 20, '23.
KUALA LUMPUR: Capital A Bhd’s wholly owned subsidiary, Asia Digital Engineering Sdn Bhd (ADE) has entered into a shareholders agreement (SHA) with Sivilai Asia Co Ltd to establish a maintenance repair and overhaul (MRO) business in Cambodia.

In a filing with Bursa Malaysia, Capital A said under the SHA, ADE will subscribe to 60% of the issued and paid-up capital of a Cambodian joint venture company incorporated under the name ADE (Cambodia) Co Ltd (ADE Cambodia). Sivilai Asia will invest the remaining 40%.

The SHA also records the rights and obligations of each party relating to the operation and management as well as their shareholding in ADE Cambodia.

“ADE will inject up to the amount of US$1.2mil with two tranches (first tranche during pre-incorporation and the balance would be post-incorporation), and ADE will use internal funds for its share of the equity investment,” it said.

What kind of management that make promptly announcement on above kacang putih deal but fail to disclose a deal involve undisclosed sum to “increase effective stake from 40% to 100% in Philippine Air Asia” that transfers about negative equity of RM 2 billion from Non-controlling interest to Shareholders’ equity and about RM 1 billion addition accumulated losses?
How the deal can help shareholders’ equity to uplift CapitalA from PN17?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 11 hours ago | Report Abuse

Has any creditor taken bankruptcy actions on Capital A so far?

Posted by i3lurker > 11 hours ago | Report Abuse

Arrest Warrant was issued for stony 🤣

Posted by Johnchew5 > 11 hours ago | Report Abuse

Hoho the 2 old akua Mate Ssllee n i3lurker dancing here again kixxckking n hissing each other ..

Posted by Johnchew5 > 11 hours ago | Report Abuse

Hoho Harimau IB n Kenanga had given their analysis lo …

Posted by i3lurker > 11 hours ago | Report Abuse

Pay off 1 guy to remove Arrest Warrant but refuse to pay sslee has unintended consequences 🤣

Legally that is defined as fraud as it is undue preference for 1 creditor

Posted by Sslee > 11 hours ago | Report Abuse

i3lurker Arrest Warrant was issued for stony 🤣
21/09/2023 9:04 AM

That is why AA sold AirAsia India
Updated: 03 Nov 2022 9:28 am
Tata Group will now wholly own AirAsia India via Air India. The AirAsia Aviation Group has sold its remaining stake in AirAsia India to Air India, a company which is now owned by the Tata Group. AirAsia has also reportedly said that there will be no gain or loss on the disposal as it expects to receive Rs 1.56 billion from the sale of the stake.

Posted by i3lurker > 11 hours ago | Report Abuse

Fly More Die More
More Time More Die

Latest QR shows CapA has no money to pay off lease rental of planes.
Has to borrow new money another RM130 million but lease rental outstandings grew much faster by RM5 Billion.
Meaning ?
Fly More Die More not sufficient to pay off plane leasings which continues to grow by more than RM5 Billion. Wonderful rite ? 🤣

Still want to activate more planes?
Fly More Die More
More Time More Die

Posted by Sslee > 11 hours ago | Report Abuse

AirAsia Japan files for bankruptcy, leaving 23,000 flyers without refunds
KAZUHIRO NOGUCHI, Nikkei staff writer
November 18, 2020 04:27 JST

With about 21.7 billion Yen in liabilities.

Posted by i3lurker > 11 hours ago | Report Abuse

Even Penang Trishaw feller ngam ngam pass Uni Bachelor Degree knows you must pay trishaw lease rental first ........ before buy another trishaw.

But if you borrow RM130 million to pay trishaw lease rental
but trishaw lease rental non-payments grew by more than RM5 Billion,
then obviously you never learned the trishaw business.

so which trishaw feller wants to activate another trishaw so that lease rental non-payments can grow by RM15 Billion?
an improvement over non-payment of RM5 Billion previously?

Posted by Johnchew5 > 11 hours ago | Report Abuse

Hoho Konartist Ssllee why AAX Borrowings of over RM 6.0 Billion can be Reduced to RM 5 in a Quarter as posted earlier… Any business partners want to kill the business as posted earlier..

Posted by i3lurker > 11 hours ago | Report Abuse

Arigato gozaimasu

Another new money pay old money loan expansion program. 🤣
Fly More Die More
More time More Die

Posted by Sslee > 5 minutes ago | Report Abuse

AirAsia Japan files for bankruptcy, leaving 23,000 flyers without refunds
KAZUHIRO NOGUCHI, Nikkei staff writer
November 18, 2020 04:27 JST

With about 21.7 billion Yen in liabilities.

Posted by Sslee > 11 hours ago | Report Abuse

The question why AA Japan JV files for bankruptcy, but Stony bailout PAA JV partner?

Posted by Sslee > 10 hours ago | Report Abuse

I3lurker,
Most likely all this while (repeat request for extension of PN17 regularisation plan) is done purposely to get capA delist from Bursa.
Stony can then list his Move and ADE in New York for USD 10 billion IPO.

Posted by i3lurker > 10 hours ago | Report Abuse

sslee
In Japan,
interest rates for borrowings are very low but more than 20 line people comb through your cash flows lease rental non-payment growth of RM5 Billion.
and more than 20 people, managers manage those line people who do so.
no loans for stony.


In Phillipines
Interest rates are very high but no one looks at your cash flow lease rental non-payment growth of RM5 Billion.
Can get loans, just snap fingers, to fund new money pay old money 🤣




Sslee

The question why AA Japan JV files for bankruptcy, but Stony bailout PAA JV partner?

2 minutes ago

Posted by i3lurker > 10 hours ago | Report Abuse

sslee
based on his loan expansion program, stony will need easily USD50 Billion new money to pay off old money 🤣
Thats why I proposed to Gobermen to sell off Penang State, Kastam, LHDN, Putrajaya and Cyberjaya to stony for RM1.00 deemed already paid
So far no news yet.
Petronas alone cannot rescue CapA anymore.




Sslee

I3lurker,
Most likely all this while (repeat request for extension of PN17 regularisation plan) is done purposely to get capA delist from Bursa.
Stony can then list his Move and ADE in New York for USD 10 billion IPO.

38 seconds ago

Posted by paulthesotong > 10 hours ago | Report Abuse

Whens the BK?

Posted by paulthesotong > 10 hours ago | Report Abuse

CapA didnt go bankrupt despite the the most horrific that could possible happen to them[ absent of an Alien invasion tha alienated Asia] and now they going bankrupt ..' just because' ...

Posted by paulthesotong > 10 hours ago | Report Abuse

...while they..

Posted by paulthesotong > 9 hours ago | Report Abuse

on the runaway...up?

Posted by Sarwajagat00 > 8 hours ago | Report Abuse

Probably next month its PN 17 status will get lifted

Posted by Johnchew5 > 8 hours ago | Report Abuse

Hoho these 2 old akuaman sslleee n i3lirker dancing 👯here ke .. same as in AAX on 2/6/2023 , bla bla bla whole day then deleted all the posts ..

Are they thirsty ke ? No worries they can each provide their ejected protein milk ….

Posted by StartOfTheBull > 8 hours ago | Report Abuse

2 ahkua playing each other buntutt in forums, who get more syiok?

Posted by OldReader74 > 8 hours ago | Report Abuse

Haiyah, Doctor sslee losing again and caught for act smart, but tak tau actually. Give him face and don't hentam so kaw

Posted by OldReader74 > 8 hours ago | Report Abuse

Doctor sslee always want to be everything and act smart although he tak tau langsung. Doctor sslee full of hatred, bias and selective prosecution punya.

You sendiri baca he posted AirAsia Japan filed bankruptcy bla bla but omitted this
https://www.ch-aviation.com/portal/news/114518-court-terminates-airasia-japan-bankruptcy-proceedings

Proven doctor sslee a full hatred, bias, dengki, jealous person. Hehehe

Posted by OldReader74 > 8 hours ago | Report Abuse

Look I dont want whacked him kaw kaw. He losing again and again. Hehehe

Posted by OldReader74 > 8 hours ago | Report Abuse

You know karma. It's sslee karma to get stuck insas from all his wrongdoings. Hehehe

Posted by Sslee > 7 hours ago | Report Abuse

The Buddha defined karma as intention; whether the intention manifested itself in physical, vocal or mental form, it was the intention alone which had a moral character: good, bad or neutral. As one intends and acts, so does one become: one becomes virtuous by virtuous action, and evil by evil action

My intention in capA is to rebut fanciful/half truth/totally fault financial data interpretation by Stony fansi/pump and dump syndicate members to misled/conned people.

Note: Presented with same set of financial figure/data most likely than not Company IR/Management ,IBs Analyst and those with hidden agenda/vested interest will interpret the figure/data not by their professional unbiased opinion to tell the truth and the whole truth but by their biased view bending the truth to accommodate company , IBs and those with hidden agenda/vested interest narrative as fact

This is why there is this saying “Figure don’t lie, but liars figure”

So what is your intention to make your comment in i3 capA forum here?

Posted by Sslee > 7 hours ago | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2019-12-28-story-h1481948233-Food_of_thought_for_the_coming_year_2020_Karma.jsp

Food of thought: Karma

Posted by Johnchew5 > 7 hours ago | Report Abuse

Hoho Konartist sslleee yr parents ( lee said 1st ) did not teach u not to be a Kon , bad intentions will bring bad karma le …

Posted by Johnchew5 > 7 hours ago | Report Abuse

1st Lies :

Stock: [INSAS]: INSAS BHD
hours ago | Report Abuse


Hoho wow KonLee is an Attention Seeker ke .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Stockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Calvin with invested RM 5000 …


Then ssllleee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …


—-


Calvin n Stockraider had been Promoted Netx ( 1 of 46 Con stocks ) since 2019 until 2021 ..

Posted by Johnchew5 > 7 hours ago | Report Abuse

Konartist sslleee Lies :


Today ( 3/5/2023 ) just discovered The Lies on HRC ( Hengyuan) :


Sslleee n Probability had been Promoted Petronm n HRC at RM 7.00 with Crack Spread, Crack here Crack there Crack other ppl Pockets …


>> Play Wayang to Buy Low Sell High ..



>>> Very Surprising is found out today Probability is Victor Yong aka id … as they Kacukan Tipu in Tunepro …also in Netx .


Good123 n Victor Promoted Pasukhas also .
Both will deleted own posts …


Hoho Bruce_Wayne aka Psai3alertt aka Mrs.Lim is in Hengyuan also to defend Hengyuan…


…

Hoho The facts is Konartist sslleee , Koni3lurkker, Psai3alertt, Probability, Mrs.Lim , Bruce_Wayne , Victor Yong , Good123 are a bunch of Kon



——-

3rd Lies

Stock: [INSAS]: INSAS BHD
hours ago | Report Abuse


During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - Why ? .. Lee aka Victor Yong aka Good123 in Tunepro since Jun 2020. 





>> Lee Posted in Insas on Jan 2022 that sold Tunepro after 2 years ..


-

Hoho Last Debate with Psai3alert in Bplant which Konartist sslleee promoted counter : 

Psai3alertt twisting Jtiasa figures as Bplant figures saying I am wrong , being exposed by me , started bad mouth n disappeared..



Hoho Bruce_Wayne is Psai3alert aka id whom Chase Ppl away with Fuxxk in Hengyuan forum … same as aka Mrs.Lim ..

Probability aka Ori id Victor Yong is Fuxxking ppl out from Petronm whom play Crack Spread Wayang with konartist sslleee .. Beware these Professional kon …

Posted by OldReader74 > 7 hours ago | Report Abuse

Hehehe. Doctor sslee, are you 100% sure that you never gave wrong inf, wrong interpretation and misled people? Look at the mirror and ask yourself again. You been caught for misleading, selective prosecution, wrong info again and again.

From COVID-19 acting like professional healthcare personnel and wrong advice. Repeat wrong advice until today. You just don't change your behaviours.

You know, there is reason why you stuck insas long long. Karma.......hehehehe

Posted by Johnchew5 > 7 hours ago | Report Abuse

Hoho what happened to these 2 old akuaman Ssllee n i3lirker, they dancing cucuk depan Belakang until kencing volume merah posh Insas price , got kidney problems ke …, Tonny can fly le ….. what a laughing stocks of both old akuaman ..

Posted by Sslee > 7 hours ago | Report Abuse

https://theedgemalaysia.com/article/airasia-group-recognises-rm299m-loss-japan-associates-bankruptcy-proceedings

KUALA LUMPUR (Feb 24): AirAsia Group Bhd said today the budget airline has recognised a loss of US$74.11 million (RM299.34 million) in the second half of 2020 (2H2020), as a result of 33%-owned associate AirAsia Japan Co Ltd’s (AAJ) bankruptcy proceedings due to the impact of the Covid-19 pandemic.

In a statement to Bursa Malaysia today, AirAsia Group said AAJ has commenced its bankruptcy proceedings as ordered by the court today.

"As a result of the bankruptcy proceedings, the company (AirAsia Group) has recognised a loss of US$74.11 million (equivalent to RM299.34 million) in the second half of 2020, due to financial assistance in the form of inter-company transactions and loans being written off as these amounts were deemed to be irrecoverable.


"The company also incurred US$5.18 million in the fourth quarter of 2020 and first quarter of 2021 for expenses related to the aircraft de-registration to move three aircraft from Japan to Malaysia.

"Further announcement(s) will be made in due course on the particulars of claim and financial impact to the company, if any, under the bankruptcy proceedings,” AirAsia Group said.

AirAsia Group’s Bursa filing today followed the group’s announcements on Oct 5, 2020 and Nov 17, 2020 on AAJ's cessation of operations and filing of bankruptcy proceedings respectively due to the impact of the Covid-19 pandemic on the global aviation sector.

On Oct 5, 2020, AirAsia Group said AAJ's board of directors had on that day notified AirAsia Group on the AAJ directors’ decision to cease AAJ's operations with immediate effect.

"We respect and have agreed to the decision made by AAJ as this would reduce the cash burn of AAJ and the company (AirAsia Group) amid the highly challenging operating conditions in Japan which have been aggravated by the Covid-19 pandemic that has plagued the world since early this year,” AirAsia Group said then.

Posted by StartOfTheBull > 6 hours ago | Report Abuse

SSLee, king of copy and paste.

Posted by geary > 6 hours ago | Report Abuse

OldReader74
You know karma. It's sslee karma to get stuck insas from all his wrongdoings. Hehehe
Not only that, lost heavily in XingQuan, Serbadk(maybe) n Jaks(KYY got cheated in Jaks, millions), plus others.
Of course investing n trading there are risks, u need to manage it!?
I see they are behaving very strange, probably they want to buy CAPITALA at COVID market value @0.60/0.70/0.80/ n below @0.90.!?
They didn't buy gradually, MiSS those chances!?
Now they are barking at the Wrong Tree!?
Actually they don't know the criteria for PN17 delisting, just anyhow bark, hiss n scamming in CapitalA forums!?
Just few Grumpy Grandpa, just Ignore them!?
I give some clues lah, no default on loan obligation, plus timely quarterly/yearly, clean reports, n sales/revenue, above #25% of Total Assets, plus at least #3Q of Positive Earnings is good enough!?
🤔🥴👌🙏🚀

Posted by Sslee > 6 hours ago | Report Abuse

Mind explain what you mean above #25% of Total Assets?

Posted by Sslee > 6 hours ago | Report Abuse

As at 30/6/2023: As at 31/12/2022
RM ‘000: RM’000
Capital and reserves:
Share capital: 8,659,652: 8,654,977
Merger deficit: (5,507,594): (5,507,594)
Other reserves: 266,894: 204,020
Foreign exchange reserve: (1,657,962): (153,308)
Accumulated losses: (10,151,810): (8,923,188)
Equity:
Shareholders’ equity: (8,390,820): (5,725,093)
Non-controlling interest: (1,813,867): (3,791,865)
Total equity: (10,204,687): (9,516,958)

2Q2023 Current liabilities RM 14,208,631,000, current assets RM 2,269,900,000 thus net current liabilities RM (11,938,731,000), CapA is an insolvent company.

Posted by i3lurker > 5 hours ago | Report Abuse

Fly More Die More
More Time More Die

latest CapA QR shows that any and every additional unit of move people aka Pax, CapA incurs more and more losses.
Logic will tell you that as volume increases margin improves, its so weird that its exactly opposite for CapA => Fly More Die More.

best is RM1.6 Billion forex losses 🤣
is CapA gambling in forex market?

Posted by paulthesotong > 4 hours ago | Report Abuse

Welcome Cambodia..

https://www.khmertimeskh.com/501363710/airasia-cambodia-to-rejig-countrys-aviation-industry-soon/

Posted by i3lurker > 4 hours ago | Report Abuse

stony gambled and he lost

its a ratchet mechanism, every passing day its 1 more day extra of lease rental to pay

=> More Time More Die

stony screwed and fooked his customers.
He activated more planes but customers continued with policy any other airline except AA.
dy/dx rate increase was a gamble and stony lost again.

=> More Fly More Die

Posted by geary > 4 hours ago | Report Abuse

paulthesotong
Welcome Cambodia🚀
Really Optimistic of CapitalA Bhd, AA Brand will flourish in ASEAN is really 👍👌🤔🙏🚀
Plus Regularisation Plan already gathered, ready to be submitted 🤔👌👍
Core business in Aviation is intact n winning again plus all subsidiaries, plus further expansion, are Winning Also👌👍
Sales/Revenues are Up, above #25% of its Total Asset, that's reasonable Asset Turnover, profits are positive the past 3 quarters.
PN17, will be gone in six months time👍🙏🤔🚀🤑
Why because CAPITALA core business n subsidiaries wasn't sold, many PN17 companies don't have a product/service that can generate revenue n profit, like CAPITALA 🤔🤑🚀
Plus all its private placement, bond, creditors, all paid accordingly n on time. No Default👍
Market Capitalization still above the critical @0.75/share threshold.
Institutions, funds, private investors, n public shareholders, have confident, holding CAPITALA 👍
Huge Debt can be gradually paid, so it takes some time to be Equity Positive.
👍🤔🙏🤑🚀

Posted by paulthesotong > 4 hours ago | Report Abuse

Today he wants to educate us what is turbulence? buckle up!

Posted by geary > 3 hours ago | Report Abuse

paulthesotong
Today he wants to educate us what is turbulence? buckle up!
Be Optimistic of CapitalA Flight Turbulent, we will Prevail all these Risks, Trials n Tribulations 👍🤔🚀
All shareholders will be rewarded handsomely, we just pray for better tomorrow, after this COVID Turbulent , it's just unfortunately n unforseen.🙏
The Key Point, is Core Aviation n its Subsidiaries are growing in Sales n Profit.
Just fasten all your Seat Belts, be Patient.
Today the trading volume is the lowest, past two weeks!?
But market value, still there for us to make an analogy 🤔
It's pivoting Now, the only way is Up🚀
Of course it's Liquidity, that's big trading volume of willing buyers n sellers. Bidding/Asking 🤔🤑
Patience x🤔🙏🚀

Posted by geary > 2 hours ago | Report Abuse

Cambodia Khmer Times, 21st Sep. '23. Latest News 👍
CapitalA, the company said that job creation is a key focus at this time. “The airline has not only recruited 40 cabin crews, pilots and operational staff but has also made substantial investments in their training. This approach not only creates employment opportunities but also enriches the skills and expertise of the local workforce. It is a testament to our commitment to contribute positively to Cambodia’s economic growth.”
Tony Fernandes.

“Aligned with AirAsia, the ASEAN airline’s tagline,
‘Now Everyone Can Fly’,
AirAsia Cambodia is steadfast in its goal to make air travel an affordable and accessible mode of transportation for every Cambodian.”

The commitment is a breath of fresh air for many who have longed for the opportunity to explore their nation and the wider world by air.
Khmer Times Cambodia.
😮
CAPITALA Monthly Momentum 🤔
S1: 0.980.
PIVOT: 1.02.
R1: 1.20.
R2: 1.42.
R3: 1.68.
Disclaimer: Trade at your own Risk👌

Posted by Sslee > 2 hours ago | Report Abuse

Still camnot answer a simple question what you mean above #25% of Total Assets? What is current capA total Assets ? But on Cambodia🚀

Sslee Mind explain what you mean above #25% of Total Assets?
21/09/2023 1:56 PM

In May 2017, AirAsia planned to open a subsidiary company in Cambodia to handle an increase of tourists from Malaysia visiting to the Cambodian cities of Phnom Penh, Siem Reap and Sihanoukville.[2]In November 2019, after a short hiatus, AirAsia resumed its plans to establish a Cambodian subsidiary,[3] which was supported by the State Secretariat of Civil Aviation in January 2020.[4]

On 9 December 2022, AirAsia and Sivilai Asia signed a joint venture agreement to establish AirAsia Cambodia.[5] Capital A, the holding company of the AirAsia Group,[6] would own 51% of the airline, while hospitality group Sivilai Asia would own the remaining share.[7] Subject to regulatory approvals, the airline is planned to commence operations in late 2023.[8]

Fleet
AirAsia Cambodia plans to start operations with two Airbus A321neos, and will expand to 15 in the near future.[7]

Know what will be a start up cost?

Posted by geary > 1 hour ago | Report Abuse

Sslee
Still camnot answer a simple question what you mean above #25% of Total Assets? What is current capA total Assets ? But on Cambodia🚀
Sslee Mind explain what you mean above #25% of Total Assets?

U don't deserve my answer, because u ain't CapitalA shareholders. Plus u are a running dogs, enemy of CapitalA. Worst than a troll, probably a goblin 👺
I will answer, only after u sell your mediocre return in Insas, n buy/hold CapitalA Bhd.🤔👌🚀
Or maybe u can sell your XingQuan, pink slips, offer at #0.01/share. Probably Nobody will buy from U🤔🤮
Please wake lah🙏 Don't ask too many questions, like Citizens from India in United Nation. Only Indian like to ask many questions, because they are trained from kids🥴
Probably they want to seek, many things, it's okay, because they want to know Why!? The Earth is Round n not Flat😮👍👌🙏🚀

Posted by OldReader74 > 36 minutes ago | Report Abuse

Be humble and ask politely and you may get answer. But then not everyone willing to spend personal time in public forum. You see, people busy with life, work, children, traffic jam, friends. This forum for certain ppl, they login whenever they remember and have time

Posted by OldReader74 > 34 minutes ago | Report Abuse

Even login, these certain people read non sense questions also lazy to answer. Time is money and also better spend with children, parents and not some maniac in public forum. Hehehe