CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
AirAsia Group of which country has changed the name of its listed holding company to Capital A to reflect the diversity of its business portfolio?
A
Indonesia
B
Syria
C
Malaysia
D
Oman
Explanation: 

Detailed explanation-1: -Malaysia’s AirAsia Group said Friday it has changed the name of its listed holding company to Capital A to reflect the diversity of its business portfolio as it seeks to grow its non-airline revenue.

Detailed explanation-2: -Malaysia’s AirAsia Group Bhd said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline.

Detailed explanation-3: -The strategy behind the change of name is to introduce a new corporate identity that better reflects the Group’s core businesses today and its future undertakings, in tandem with our rapid transformation from an airline into a one-stop digital travel and lifestyle services group.

Detailed explanation-4: -AirAsia India has officially informed India’s Ministry of Corporate Affairs (NCA) of the impending name change to AIX Connect Pvt Ltd.

Detailed explanation-5: -Malaysia’s AirAsia Group Bhd said on Friday it had finalised the name change of its listed holding company to Capital A Bhd as it seeks market recognition of its growing portfolio of businesses beyond the core budget airline.

There is 1 question to complete.