News


BackSep 23, 2024
Type of Meeting Extraordinary
Indicator Notice of Meeting
Description AirAsia X Berhad ("AAX" or the "Company")
- Notice of Extraordinary General Meeting
Date of Meeting 16 Oct 2024
Time 10:00 AM
Venue(s) Live streaming and online remote voting
Broadcast Venue at RedQ, Jalan Pekeliling 5,
Lapangan Terbang Antarabangsa Kuala Lumpur,
64000 KLIA, Selangor Darul Ehsan
Malaysia
Date of General Meeting Record of Depositors 08 Oct 2024

Resolutions

1. Ordinary Resolution 1
Description PROPOSED ISSUANCE OF UP TO 223,536,401 FREE WARRANTS IN AAX ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ORDINARY SHARES IN AAX ("SHARES") HELD BY THE SHAREHOLDERS OF AAX ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("WARRANTS ENTITLEMENT DATE") ("PROPOSED ISSUANCE OF FREE WARRANTS")
Shareholder's Action For Voting

2. Ordinary Resolution 2
Description PROPOSED PRIVATE PLACEMENT OF NEW SHARES TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER TO RAISE GROSS PROCEEDS OF RM1,000.00 MILLION ("PROPOSED PRIVATE PLACEMENT")
Shareholder's Action For Voting

3. Ordinary Resolution 3
Description PROPOSED ACQUISITION BY THE COMPANY OF 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED HELD BY CAPITAL A BERHAD FOR A PURCHASE CONSIDERATION OF RM3,000.00 MILLION TO BE SATISFIED ENTIRELY VIA THE ALLOTMENT AND ISSUANCE OF 2,307,692,307 NEW SHARES AT AN ISSUE PRICE OF RM1.30 EACH ("PROPOSED AAAGL ACQUISITION")
Shareholder's Action For Voting

4. Ordinary Resolution 4
Description PROPOSED ACQUISITION BY THE COMPANY OF 100% EQUITY INTEREST IN AIRASIA BERHAD HELD BY CAPITAL A BERHAD FOR A PURCHASE CONSIDERATION OF RM3,800.00 MILLION TO BE SATISFIED ENTIRELY VIA THE ASSUMPTION BY AAX OF AN AMOUNT OF RM3,800.00 MILLION OWING BY CAPITAL A BERHAD TO AIRASIA BERHAD ("PROPOSED AAB ACQUISITION")
Shareholder's Action For Voting

5. Ordinary Resolution 5
Description PROPOSED GRANTING TO GARYNMA INVESTMENTS PTE LTD ("GARYNMA" OR THE "SUBSCRIBER") THE RIGHTS TO SUBSCRIBE FOR SUCH NUMBER OF NEW SHARES ("SUBSCRIPTION OPTIONS") REPRESENTING, IN AGGREGATE, 12% OF THE TOTAL ISSUED SHARES IN AAX IMMEDIATELY AFTER THE COMPLETION / TERMINATION OF THE PROPOSED AAAGL ACQUISITION AND PROPOSED AAB ACQUISITION (EXCLUDING TREASURY SHARES, IF ANY) VIA 3 SUBSCRIPTION OPTIONS OF 4% EACH ("PROPOSED GRANTING OF SUBSCRIPTION OPTIONS")
Shareholder's Action For Voting

6. Special Resolution
Description PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF AAX TO RM100.00 MILLION PURSUANT TO SECTION 116 OF THE ACT ("PROPOSED SHARE CAPITAL REDUCTION")
Shareholder's Action For Voting

Please refer attachment below.

Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 23 Sep 2024
Category General Meeting
Reference Number GMA-23092024-00006
Corporate Action ID MY240923MEET0006

Attachments

  1. AirAsia_X_Berhad_-_Notice_of_EGM_(23.09.2024)_20240923.pdf (Size: 374,797 bytes)