AAX gets Bursa clearance for EGM circular

AAX said the clearance brings the company closer to completing the acquisition of AirAsia Aviation Group Ltd and AirAsia Bhd to form a new aviation group.

PETALING JAYA: AirAsia X Bhd (AAX) has obtained clearance from Bursa Malaysia for the approval of its EGM circular, detailing its proposed acquisition of Capital A Bhd’s aviation business.

In a statement, AAX said this brings the company closer to completing the acquisition of AirAsia Aviation Group Ltd and AirAsia Bhd to form a new aviation group.