News


BackOct 29, 2025

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description AIRASIA X BERHAD ("AAX" OR THE "COMPANY")

(I) PROPOSED ISSUANCE OF FREE WARRANTS;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED AAAGL ACQUISITION;
(IV) PROPOSED AAB ACQUISITION; AND
(V) PROPOSED SHARE CAPITAL REDUCTION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

(VI) PROPOSED GRANTING OF SUBSCRIPTION OPTIONS

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 25 April 2024, 26 July 2024, 4 September 2024, 24 September 2024 and 29 September 2025 in relation to the Proposals and Proposed Granting of Subscription Options, where applicable, unless stated otherwise or defined herein.)

Reference is made to the Company’s announcements dated 25 April 2024, 26 July 2024, 1 August 2024, 4 September 2024, 12 September 2024, 24 September 2024, 16 October 2024, 24 October 2024, 24 January 2025, 24 March 2025, 30 May 2025, 31 July 2025, 26 August 2025, 28 August 2025, 18 September 2025, 29 September 2025 and 17 October 2025 in relation to the Proposals and Proposed Granting of Subscription Options.

On behalf of the Board, Berjaya Securities wishes to announce that all the conditions precedent as set out in the SSPAs have been fulfilled and/or waived (as the case may be). Accordingly, the SSPAs have become unconditional in accordance with their terms and conditions on 29 October 2025.

 

This announcement is dated 29 October 2025.

 


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 29 Oct 2025
Category General Announcement for PLC
Reference Number GA1-29102025-00064