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New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackJun 11, 2015
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AIRASIA X BERHAD ("AAX" OR THE "COMPANY")

RIGHTS ISSUE WITH WARRANTS

RENOUNCEABLE RIGHTS ISSUE OF 1,777,777,790 NEW ORDINARY SHARES OF RM0.15 EACH IN AAX (“AAX SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 888,888,895 FREE DETACHABLE WARRANTS (“WARRANTS”), ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FOUR (4) EXISTING AAX SHARES HELD AS AT 5.00 P.M. ON 15 MAY 2015 (“ENTITLEMENT DATE”) AND ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED FOR BY AAX’S ENTITLED SHAREHOLDERS AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE.

(Unless otherwise stated, the definitions used herein shall have the same meanings as set out in AAX’s announcement dated 30 January 2015 (“Announcement”))

We refer to the Announcement and the announcements dated 13 February 2015, 27 February 2015, 4 March 2015, 5 March 2015, 27 March 2015, 22 April 2015, 24 April 2015, 29 April 2015, 5 May 2015, 8 May 2015, 15 May 2015, 27 May 2015, 4 June 2015 and 10 June 2015.

On behalf of the Board, CIMB is pleased to announce that the Rights Issue with Warrants has been completed following the listing of and quotation for 1,777,777,790 Rights Shares and the admission and listing of and quotation for 888,888,895 Warrants on the Main Market of Bursa Securities today.

This announcement is dated 11 June 2015.





Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 11 Jun 2015
Category General Announcement for PLC
Reference Number GA1-11062015-00011