RENOUNCEABLE RIGHTS ISSUE OF RM974,513,219.25 IN NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE UNSECURED ISLAMIC DEBT SECURITIES ("RCUIDS") AT NOMINAL VALUE OF RM0.75 EACH BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) ON THE BASIS OF 2 RCUIDS WITH 1 FREE DETACHABLE WARRANT ("WARRANT") FOR EVERY 6 ORDINARY SHARES IN AIRASIA GROUP BERHAD ("AAGB") ("AAGB SHARES") HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 2 DECEMBER 2021 ("RIGHTS ISSUE")

Kindly be advised of the following :

1)    The Right commence of trading : 3 Dec 2021
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 6 Dec 2021
3)    The last day and time for Acceptance, Renunciation and Payment : 17 Dec 2021
4)    The Rights cessation quotation : 10 Dec 2021

The Stock Short Name, Number and ISIN Code AIRASIA-LR, 5099LR and MYL5099LR005

Remarks:

The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue (collectively referred to as the "Documents") will only be despatched to the shareholders whose names appear in AAGB's Record of Depositors as at 5.00 p.m. on 2 December 2021 ("Entitlement Date") at their registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.

The Documents are not intended to be (and will not be) issued, circulated or distributed, and the Rights Issue is not intended to be (and will not be) made or offered or deemed to be made or offered for purchase or subscription, in any countries or jurisdictions other than Malaysia or to persons who are and may be subject to the laws of any countries or jurisdictions other than the laws of Malaysia.

Announcement Info