Bursa Filings


Execution Of Conditional Term Sheet With PT Garuda Maintenance Facility Aero Asia TBK For The Proposed Investment In Landing Gear Maintenance, Repair And Overhaul (MRO)

Back Sep 18, 2024
Type Announcement
Subject OTHERS
Description CAPITAL A BERHAD ("THE COMPANY")
EXECUTION OF CONDITIONAL TERM SHEET WITH PT GARUDA MAINTENANCE FACILITY AERO ASIA TBK FOR THE PROPOSED INVESTMENT IN LANDING GEAR MAINTENANCE, REPAIR AND OVERHAUL (MRO)

The Board of Directors of the Company ("Board") wishes to announce that Asia Digital Engineering Sdn. Bhd ("ADE"), a wholly-owned subsidiary of Capital A, has on 18 September 2024 entered into conditional term sheet ("Term Sheet") with PT Garuda Maintenance Facility Aero Asia Tbk ("GMF") on the proposed investment in relation to a landing gear MRO to be operated by an entity jointly owned by ADE and GMF ("Proposed Transaction").

Please refer to the attachment for further details.

This announcement is dated 18 September 2024.

Please refer attachment below.


Announcement Info

Company Name CAPITAL A BERHAD
Stock Name CAPITALA
Date Announced 18 Sep 2024
Category General Announcement for PLC
Reference Number GA1-18092024-00032

Attachments

  1. Capital_A-ADE_Term_Sheet_with_GMF_20240918.pdf (Size: 161,882 bytes)