Latest timeline per Capital A's presentation on 30 October 2025 to set expectations

Capital A:
End November - Entitlement date for proposed distribution
Early December - Filing with high court of Malaya
End December - Listing and quotation of AAX shares

AirAsia X:
Mid December - Price fixing of placement shares
Mid December - Entitlement Date for AAX Warrants
End December - AAX share allotment and issuance
End December - The launch of AirAsia Group