[AAX] Extraordinary on 01-Jun-2021

Stock
[AAX]: AIRASIA X BERHAD
Announcement Date
07-May-2021
Type
Extraordinary
Date & Time
01-Jun-2021 15:00
Depositor Date
21-May-2021
Venue
Broadcast Venue at Level 6, RedQ, Jalan Pekeliling 5 Lapangan Terbang Antarabangsa Kuala Lumpur (klia2) 64000 KLIA, Selangor Darul Ehsan
Description
NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM") OF AIRASIA X BERHAD ("AAX" OR THE "COMPANY") The EGM of the Company will be held as a fully virtual meeting via live streaming and online remote voting from the Broadcast Venue.
AAX - Notice of EGM.pdf
Outcome

The Board of Directors of AirAsia X Berhad ("the Company")wishes to announce that the shareholders of the Company had approved all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM") dated 10 May 2021 at the EGM of the Company held today, 1 June 2021, which was conducted via the online meeting platform of TIIH Online provided by Tricor Investor & Issuing House Services Sdn. Bhd. in Malaysia via its website at https://tiih.online, as announced by the Company on 31 May 2021.

All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The results of the poll were validated by Coopers Professional Scrutineers Sdn. Bhd., the Independent Scrutineers appointed by the Company.

Please refer to the attachment for the poll results.

This announcement is dated 1 June 2021.

Voting Results

1. Special Resolution

Description 
Proposed reduction of 99.9% of the issued share capital of AAX pursuant to Section 116 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 304 144
No. of Shares 1,992,609,840 2,927,638
% of Voted Shares 99.8533 0.1467
Result Accepted

2. Ordinary Resolution 1

Description 
Proposed consolidation of every 10 existing ordinary shares in AAX ("AAX Shares") into 1 AAX Share
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 305 144
No. of Shares 1,992,665,691 2,801,787
% of Voted Shares 99.8596 0.1404
Result Accepted

3. Ordinary Resolution 2

Description 
Proposed renounceable rights issue of new AAX Shares to raise gross proceeds of up to RM300.0 million
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 323 126
No. of Shares 1,993,500,091 2,071,887
% of Voted Shares 99.8962 0.1038
Result Accepted

4. Ordinary Resolution 3

Description 
Proposed issuance and allotment of new AAX Shares to raise gross proceeds of up to RM200.0 million by way of subscription by Placees ("Proposed Share Subscription")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 331 117
No. of Shares 1,818,434,834 1,872,288
% of Voted Shares 99.8971 0.1029
Result Accepted

5. Ordinary Resolution 4

Description 
Proposed issuance and allotment of new AAX Shares to the special purpose vehicle company ("SPV") pursuant to the Proposed Share Subscription and any exercise of the Subscription Option to be granted to the SPV
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 328 118
No. of Shares 1,818,491,485 1,796,337
% of Voted Shares 99.9013 0.0987
Result Accepted

Remark
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