Capital A, AirAsia X Agree To Extend AAAGL, AAB Cut Off Date To Aug 31
The extension is for Capital A and AAX to satisfy the remaining AAAGL and AAB conditions precedent.
'This is to allow additional time for the Capital A and AAX to, among others, obtain the approval and/or consent of the relevant authorities, financiers/lenders and/or third parties as well as for AAX to finalise the definitive terms with the identified investors in relation to AAX's proposed pre-completion private placement exercise,' the companies said in a filing with Bursa Malaysia.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
2 days ago
- Malay Mail
Capital A, AirAsia X delay AAAGL share deal closing to Aug 31
KUALA LUMPUR, Aug 1 — Capital A Bhd and AirAsia X Bhd (AAX) have mutually agreed to further extend the AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd's (AAAGL) cut-off date under both companies' share sale and purchase agreements (SSPAs), respectively, from July 31, 2025 until Aug 31, 2025 or such other date as mutually agreed. The extension is for Capital A and AAX to satisfy the remaining AAAGL and AAB conditions precedent. 'This is to allow additional time for the Capital A and AAX to, among others, obtain the approval and/or consent of the relevant authorities, financiers/lenders and/or third parties as well as for AAX to finalise the definitive terms with the identified investors in relation to AAX's proposed pre-completion private placement exercise,' the companies said in a filing with Bursa Malaysia. Meanwhile, AAX yesterday agreed to extend the period for the satisfaction or fulfilment of the relevant conditions precedent under the SSPAs which remain unsatisfied up to August 31, 2025. 'This is to allow more time for the company and the vendor (Capital A) to, among others, obtain the approvals and consents of the relevant authorities, financiers/lenders and/or third parties as well as for the company to finalise the definitive terms with the identified investors in relation to the proposed private placement,' it added. — Bernama
Barnama
3 days ago
- Barnama
Capital A, AirAsia X Agree To Extend AAAGL, AAB Cut Off Date To Aug 31
KUALA LUMPUR, July 31 (Bernama) -- Capital A Bhd and AirAsia X Bhd (AAX) have mutually agreed to further extend the AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd's (AAB) cut-off date under both companies' share sale and purchase agreements (SSPAs), respectively, from July 31, 2025 until Aug 31, 2025 or such other date as mutually agreed. The extension is for Capital A and AAX to satisfy the remaining AAAGL and AAB conditions precedent. 'This is to allow additional time for the Capital A and AAX to, among others, obtain the approval and/or consent of the relevant authorities, financiers/lenders and/or third parties as well as for AAX to finalise the definitive terms with the identified investors in relation to AAX's proposed pre-completion private placement exercise,' the companies said in a filing with Bursa Malaysia.
Hype Malaysia
25-06-2025
- Hype Malaysia
AirAsia X Goes Big On Central Asia With New Route To Magical Tashkent, Uzbekistan
We're off to Central Asia, fam! AirAsia X is celebrating its growing presence in Central Asia with the announcement of a brand new route to Tashkent, Uzbekistan, commencing on 15th October 2025 with a frequency of three times a week. After launching flights to Almaty, Kazakhstan in early 2024 with strong demand, AAX is now adding Tashkent to its network. The new route aims to boost travel between Southeast Asia and Central Asia, strengthening trade, tourism, and business links. With AirAsia's Fly-Thru service, travellers from ASEAN and Australia can now explore Uzbekistan more affordably, with easy connections to over 130 destinations worldwide. Benyamin Ismail, CEO of AirAsia X said: 'The launch of our Kuala Lumpur-Tashkent route is a strategic milestone in AAX's continued growth across Asia and beyond. Central Asia presents immense potential, with Uzbekistan's economy growing steadily and a rising middle class eager to explore new destinations. 'We have seen a marked increase in passenger demand for Central Asia following our successful Almaty route, and our vision is to create a comprehensive network that supports regional development and connects people to new places whilst creating unforgettable travel experiences along the way.' H.E. Mr. Karomidin Gadoev, Ambassador of Uzbekistan to Malaysia, commented: 'The commencement of direct flights by AAX between these two major cities is a landmark development for Uzbekistan-Malaysia relations. 'With Uzbekistan's tourism sector expanding rapidly and Malaysia's strong position as a tourism and business hub in Southeast Asia, this route will significantly enhance connectivity, foster tourism exchanges, and open new avenues for investment. We are excited to welcome AAX to this promising market and look forward to a fruitful venture.' Travellers can soon experience the magic of Tashkent with a promotional introductory fare from RM99 all-in* one-way economy seats starting from 23rd – 29th June 2025 for the travel period between 15th October 2025 and 14th September 2026. This special fare is subject to availability, with subsequent fares starting from RM899**. Tashkent, the capital of Uzbekistan, is a vibrant city known for its beautiful Islamic architecture, lively bazaars, and green parks. Travellers can explore the historic Silk Road and admire the city's impressive landmarks. As Uzbekistan's largest city and economic centre, Tashkent is becoming a popular spot for both tourists and business travelers. Flight Schedule Between Kuala Lumpur (KUL) & Tashkent (TAS): *All-in introductory fares are for one-way travel inclusive of airport taxes, regulatory fees, fuel surcharge, other relevant taxes and applicable fees. Seats are limited on a first come first serve basis starting 23 June 2025. For flights departing from Kuala Lumpur, Malaysia only. Other terms and conditions apply. **All-in fares are quoted for one-way travel only, including passenger service charges, regulatory service charges, fuel surcharges, and other applicable fees. Terms and conditions apply. What's your Reaction? +1 0 +1 0 +1 0 +1 0 +1 0 +1 0
