KUALA LUMPUR: Capital A Bhd
has extended the deadline to complete the proposed disposals of AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) to Oct 31, 2025, to allow additional time for approvals from the relevant authorities and financiers.
In a Bursa Malaysia filing today, the holding company of the AirAsia brand said the extension, from the earlier cut-off date of Sept 30, 2025, was mutually agreed with AirAsia X Bhd (AAX) under the respective sale and purchase agreements.
"This is to allow additional time for the company and AAX to, among other things, obtain the approval and consent of the Takeover Panel of the Securities and Exchange Commission of Thailand, financiers, lenders and third parties.
"It is also to enable AAX to finalise the definitive terms with the identified investors in relation to its proposed pre-completion private placement exercise,” it said.
It added that all other terms and conditions of the agreements remain unchanged. - Bernama
