AirAsia X Berhad announced that it has completed the acquisition of both AirAsia Berhad and AirAsia Aviation Group Limited (AAAGL) from Capital A Berhad.
The transaction was settled via the allotment and issuance of 2,307,692,307 new ordinary shares in AirAsia X to Capital A and its entitled shareholders, together with AirAsia X’s assumption of RM3.8 billion previously owed by Capital A to AAB. Concurrently, the airline also allotted and issued 606,060,606 new ordinary shares to independent third-party investors pursuant to its private placement.
The group said the Consideration Shares and the Placement Shares are scheduled to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 19 January 2026.
The completion of this transaction consolidates all AirAsia-branded airlines under a single airline platform while Capital A pivots to grow its non-aviation portfolio.
