News


BackApr 07, 2022
Type Announcement
Subject MULTIPLE PROPOSALS
Description

AIRASIA X BERHAD ("AAX" OR THE "COMPANY")

(I) PROPOSED FUNDRAISING; AND

(II) PROPOSED GRANTING OF THE SUBSCRIPTION OPTION FOR THE SPECIAL PURPOSE VEHICLE TO SUBSCRIBE FOR SUCH NUMBER OF NEW AAX SHARES REPRESENTING UP TO 15% OF THE ENLARGED TOTAL NUMBER OF AAX SHARES (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT OF TIME DURING THE SUBSCRIPTION OPTION PERIOD OF 36 MONTHS COMMENCING FROM THE COMPLETION OF THE PROPOSED RIGHTS ISSUE

(COLLECTIVELY, THE "REMAINING CORPORATE EXERCISES")

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the circular to Shareholders dated 10 May 2021, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the announcement dated 4 April 2022.

 

On behalf of the Board, Mercury Securities wishes to announce additional information on Garynma Investments Pte Ltd as set out in the attachment below.

 

 

This announcement is dated 7 April 2022.

 

Please refer attachment below.

 


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 07 Apr 2022
Category General Announcement for PLC
Reference Number GA1-06042022-00042

Attachments

  1. AAX_-_Information_on_the_SPV_(07.04.2022).pdf (Size: 89,228 bytes)