News
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 16 Oct 2024 |
| Time | 10:00 AM |
| Venue(s) | Live streaming and online remote voting Broadcast Venue at RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa Kuala Lumpur, 64000 KLIA, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting |
The Board of Directors of AirAsia X Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of the Extraordinary General Meeting ("EGM") dated 24 September 2024 were duly passed by the shareholders of the Company at the EGM held today, 16 October 2024.
All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad at the EGM of the Company held today, 16 October 2024, via live streaming from the Broadcast Venue, using the Remote Participation and Voting facilities provided by Tricor Investor & Issuing House Services Sdn. Bhd.
The results of the poll, as set out below, were validated by KPMG Management & Risk Consulting Sdn. Bhd., the Independent Scrutineers appointed by the Company.
Please refer to the attachment for the details of the poll results.
This announcement is dated 16 October 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | PROPOSED ISSUANCE OF UP TO 223,536,401 FREE WARRANTS IN AAX ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ORDINARY SHARES IN AAX ("SHARES") HELD BY THE SHAREHOLDERS OF AAX ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("WARRANTS ENTITLEMENT DATE") ("PROPOSED ISSUANCE OF FREE WARRANTS") | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 400 | 81 |
| No. of Shares | 195,106,166 | 158,374 |
| % of Voted Shares | 99.9189 | 0.0811 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | PROPOSED PRIVATE PLACEMENT OF NEW SHARES TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER TO RAISE GROSS PROCEEDS OF RM1,000.00 MILLION ("PROPOSED PRIVATE PLACEMENT") | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 383 | 89 |
| No. of Shares | 15,590,925 | 408,764 |
| % of Voted Shares | 97.4452 | 2.5548 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | PROPOSED ACQUISITION BY THE COMPANY OF 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED HELD BY CAPITAL A BERHAD FOR A PURCHASE CONSIDERATION OF RM3,000.00 MILLION TO BE SATISFIED ENTIRELY VIA THE ALLOTMENT AND ISSUANCE OF 2,307,692,307 NEW SHARES AT AN ISSUE PRICE OF RM1.30 EACH ("PROPOSED AAAGL ACQUISITION") | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 384 | 86 |
| No. of Shares | 15,832,375 | 164,314 |
| % of Voted Shares | 98.9728 | 1.0272 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | PROPOSED ACQUISITION BY THE COMPANY OF 100% EQUITY INTEREST IN AIRASIA BERHAD HELD BY CAPITAL A BERHAD FOR A PURCHASE CONSIDERATION OF RM3,800.00 MILLION TO BE SATISFIED ENTIRELY VIA THE ASSUMPTION BY AAX OF AN AMOUNT OF RM3,800.00 MILLION OWING BY CAPITAL A BERHAD TO AIRASIA BERHAD ("PROPOSED AAB ACQUISITION") | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 383 | 87 |
| No. of Shares | 15,829,505 | 167,184 |
| % of Voted Shares | 98.9549 | 1.0451 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | PROPOSED GRANTING TO GARYNMA INVESTMENTS PTE LTD ("GARYNMA" OR THE "SUBSCRIBER") THE RIGHTS TO SUBSCRIBE FOR SUCH NUMBER OF NEW SHARES ("SUBSCRIPTION OPTIONS") REPRESENTING, IN AGGREGATE, 12% OF THE TOTAL ISSUED SHARES IN AAX IMMEDIATELY AFTER THE COMPLETION / TERMINATION OF THE PROPOSED AAAGL ACQUISITION AND PROPOSED AAB ACQUISITION (EXCLUDING TREASURY SHARES, IF ANY) VIA 3 SUBSCRIPTION OPTIONS OF 4% EACH ("PROPOSED GRANTING OF SUBSCRIPTION OPTIONS") | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 389 | 90 |
| No. of Shares | 194,247,086 | 1,016,244 |
| % of Voted Shares | 99.4796 | 0.5204 |
| Result | Accepted | |
6. Special Resolution |
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| Description | PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF AAX TO RM100.00 MILLION PURSUANT TO SECTION 116 OF THE ACT ("PROPOSED SHARE CAPITAL REDUCTION") | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 368 | 111 |
| No. of Shares | 194,789,701 | 470,379 |
| % of Voted Shares | 99.7591 | 0.2409 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | AIRASIA X BERHAD |
| Stock Name | AAX |
| Date Announced | 16 Oct 2024 |
| Category | General Meeting |
| Reference Number | GMA-16102024-00007 |
| Corporate Action ID | MY241016MEET0007 |
Attachments
- AirAsia_X_Berhad_-_Poll_Results_(EGM)_20241016.pdf (Size: 371,792 bytes)