AirAsia revises dates related to rights issue


The low-cost airline said trading for the rights would start from Dec 6, 2021, instead of Dec 3 as scheduled earlier.

PETALING JAYA: AirAsia Group Bhd has revised several important dates for its rights issue of RM978.51mil redeemable convertible unsecured Islamic debt securities or RCUIDS with free warrants, following the declaration of a public holiday for all federal territories on Dec 3, 2021.

The low-cost airline said trading for the rights would start from Dec 6, 2021, instead of Dec 3 as scheduled earlier.

The prospectus and provisional allotment letter of offer, meanwhile, would be despatched on Dec 7, 2021, instead of the day before, it said in a filing with Bursa Malaysia.

AirAsia also changed the last day and time for acceptance, renunciation and payment to Dec 20 from Dec 17 and for the rights cessation quotation to Dec 13 from Dec 10. The entitlement date of Dec 2, 2021 remains unchanged. ― Bernama

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