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

Paramount’s unbilled sales stand at RM1.5bil, plans RM1.6bil launches in 2H26
EITA Resources bags RM221mil substation extension project
MCE wins RM54mil Perodua contract
MAG strengthens safety, reliability with improved operational performance
FBM KLCI rebounds after two-day slide, ringgit hits two-month high
AEON Bank launches Merdeka Bonus campaign for DuitNow QR users
Allianz: Joint efforts needed to curb medical inflation, keep healthcare affordable
Malaysian ringgit leads gains in Asian currencies; tech stocks climb ahead of Nvidia results
Jati Tinggi bags RM69mil data centre project
Lynas expands global footprint, eyes new rare earths supply deals

Others Also Read