BRIEF-Capital A Terminates Deal For Planned SPAC Listing Of Unit In The U.S.

Oct 23 (Reuters) - Capital A Berhad CAPI.KL : * PLANS A CAPITAL REDUCTION TO SET OFF AGAINST THE ACCUMULATED LOSSES OF THE GROUP * PROPOSED PLAN TO REGULARISE FINANCIAL POSITION, INCLUDING CAPITAL REDUCTION TO SET OFF AGAINST ACCUMULATED LOSSES OF GROUP * FINAL PLAN, EXPECTED TO BE SUBMITTED SOON, AIMS TO FACILITATE CAPITAL A’S EXIT FROM ITS PRACTICE NOTE 17 STATUS * DECIDED TO TERMINATE BCA BETWEEN AETHERIUM AND CAPITAL A INTERNATIONAL FOR A PLANNED SPAC LISTING IN THE US * DECIDED TO TERMINATE BUSINESS COMBINATION AGREEMENT BETWEEN AETHERIUM AND CAPITAL A INTERNATIONAL FOR PLANNED SPAC LISTING IN US Further company coverage: CAPI.KL ((Reuters.Briefs@thomsonreuters.com;))