No impact to shareholdings


PETALING JAYA: Long-haul budget airline AirAsia X Bhd (AAX) expects its proposal for the RM63.5bil debt restructuring exercise will not have any effects on its share capital, substantial shareholders’ shareholdings, as well as the group’s structure.

In a filing with Bursa Malaysia, the sister company of AirAsia Bhd said the exercise, however, would impact the company’s earnings per share, net assets per share and gearing.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
AirAsia X , shareholdings , debt restructuring , fund ,

Next In Business News

When cheap homes cost more
One property, 10 listings
Rental scams running rampant
China to crack down on 'illegal' cross-border securities
Naturally made for families
Europe stocks lose sparkle
BANK’S PICKLEBALL CHAMPIONSHIP PROMISES WHOLESOME EXPERIENCE
Grad squeeze hurts economy
Tapping China’s niche consumer trend
Bubble fears as valuations stretch

Others Also Read