News


BackOct 09, 2020
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")
Description

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.


In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

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.


3) To incorporate the effects of the Proposals on the earnings per share, net assets per share, gearing, share capital, substantial shareholders’ direct and/or indirect shareholding, and if relevant, the Group’s structure.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

 

Yours faithfully,

 

 

 

Listing

Regulation

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.


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 09 Oct 2020
Category General Announcement for PLC
Reference Number GA1-09102020-00113

Attachments

  1. AAX_Announcement_-_Reply_to_Query_(09.10.2020).pdf (Size: 394,024 bytes)