|Type||Reply to Query|
|Reply to Bursa Malaysia's Query Letter - Reference ID||IQL-08102020-00002|
|Subject||AIRASIA X BERHAD ("AAX" OR "COMPANY") - PROPOSED DEBT RESTRUCTURING - PROPOSED CORPORATE RESTRUCTURING COMPRISING:- (I) PROPOSED SHARE CAPITAL REDUCTION; AND (II) PROPOSED SHARE CONSOLIDATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")|
Additional information on the Proposals
|Query Letter Contents||
We refer to your Company’s announcement dated 6 October 2020 in respect of the aforesaid matter.
1) To provide the details of the Proposed Debt Restructuring in particular on items 2.1(i), (ii) and (iv).
2) To incorporate the salient terms and conditions of the Proposed Debt Restructuring.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Cc : Market Surveillance Dept. , Securities Commission (via fax)
Reference is made to the Company’s announcement dated 6 October 2020 in respect of the Proposals (“Initial Announcement”). Unless otherwise expressed or defined in this announcement, all capitalised terms used herein shall have the same meanings ascribed to them in the Initial Announcement.
For details of this announcement, please refer to the attachment below.
This announcement is dated 9 October 2020.
- AAX_Announcement_-_Reply_to_Query_(09.10.2020).pdf (Size: 394,024 bytes)