|Old financial year end||31 Dec 2020|
|New financial year end||30 Jun 2021|
The Company is currently undergoing a Scheme of Arrangement, the outcome of which will not be known by 31 December 2020, the current financial year end. The basis of preparation of the audited financial statements and the audit opinion ("AFS") is therefore uncertain and the AFS will be of limited value to shareholders. By 30 June 2021, the outcome of the Scheme is likely to be known, so that there will be a clear basis for the preparation of the AFS, which will be of more value to shareholders.
|Company Name||AIRASIA X BERHAD|
|Date Announced||02 Dec 2020|
|Category||Change in Financial Year End|