Capital A and AirAsia X have mutually agreed to extend their negotiations on Capital A’s disposal of AirAsia Berhad to AirAsiaX.
This is in reference to the letter of offer by Capital A to dispose 100% equity interest in AirAsia Berhad a wholly owned subsoidiary and 100% equity interest in AirAsia Aviation Group Limited to AirAsia X Berhad. The company made the announcements om 8 January 2024 and 13 March 2024.
However as of now, the the Board of Directors of AAX, through Inter-Pacific Securities Sdn Bhd announced that the Ccmpany and Capital A Berhad have mutually agreed to extend the negotiation period to execute the definitive agreement for the Proposed Acquisitions until 30 April 2024.
