Capital A Terminates Deal For Planned SPAC Listing Of Unit In The U.S.
Oct 23 (Reuters) - Capital A Berhad ::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;)).
Published Date
23 Oct 2024 at 6:30 AM
Publisher
Bernama
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