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.
|Company Name||AIRASIA X BERHAD|
|Date Announced||07 Apr 2022|
|Category||General Announcement for PLC|
- AAX_-_Information_on_the_SPV_(07.04.2022).pdf (Size: 89,228 bytes)