News


BackOct 24, 2024

 

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 and 24 September 2024 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 and 16 October 2024 in relation to the Proposals and Proposed Granting of Subscription Options.

 

On behalf of the Board, Interpac wishes to announce that the Company and the Vendor had on 24 October 2024 agreed to extend the period for the satisfaction or fulfilment of the relevant conditions precedent under the SSPAs which remain unsatisfied, for a further period of 3 months, commencing from 25 October 2024 and ending on 24 January 2025.

 

This announcement is dated 24 October 2024.

 


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 24 Oct 2024
Category General Announcement for PLC
Reference Number GA1-24102024-00041