Capital A Berhad signs Letter of Intent with Aetherium Acquisition Corp for business combination

Capital A Berhad, the investment holding company of AirAsia, airasia MOVE (formerly known as airasia Superapp), logistics venture Teleport, and Capital A aviation services group, has entered into a Letter of Intent (LOI) with Aetherium Acquisition Corp, a Special Purpose Acquisition Company (SPAC) listed on the Nasdaq stock exchange, for a proposed business combination merger with Capital A International, to be incorporated.   The proposed business combination would result in Capital A International, a new investment and strategic development company that leverages the “AirAsia” brand and capitalises on core capabilities in aviation, travel and hospitality and digital technologies, becoming a standalone