OTHERS AIRASIA X BERHAD ("AAX" OR THE "COMPANY") NON-BINDING LETTER OF ACCEPTANCE FOR THE PROPOSED ACQUISITIONS BY THE COMPANY OF 100% EQUITY INTEREST IN AIRASIA BERHAD AND 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED, BOTH ARE WHOLLY-OWNED SUBSIDIARIES OF CAPITAL A BERHAD (COLLECTIVELY CALLED "TARGET COMPANIES") ("PROPOSED ACQUISITIONS")
| AIRASIA X BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | AIRASIA X BERHAD ("AAX" OR THE "COMPANY")
NON-BINDING LETTER OF ACCEPTANCE FOR THE PROPOSED ACQUISITIONS BY THE COMPANY OF 100% EQUITY INTEREST IN AIRASIA BERHAD AND 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED, BOTH ARE WHOLLY-OWNED SUBSIDIARIES OF CAPITAL A BERHAD (COLLECTIVELY CALLED "TARGET COMPANIES") ("PROPOSED ACQUISITIONS") |
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Reference is made to the Company’s announcements dated 8 January 2024 and 13 March 2024 in relation to the Proposed Acquisitions (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements.
On behalf of the Board of Directors of AAX, Inter-Pacific Securities Sdn Bhd wishes to announce that the Company and Capital A Berhad have mutually agreed to extend the negotiation period to execute the definitive agreement for the Proposed Acquisitions until 30 April 2024.
This announcement is dated 9 April 2024. |
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Announcement Info
| Company Name | AIRASIA X BERHAD |
| Stock Name | AAX |
| Date Announced | 09 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09042024-00042 |