Consolidation

[AAX] Share Consolidation on 26-Jan-2022

Announcement Date: 26-Jan-2022
Related Stock:
AAX
AIRASIA X BERHAD
Share Registrar:
AAX
AIRASIA X BERHAD

Amount

1.0000 : 10.0000

  • Ex Date
    10-Feb-2022
  • Entitlement Date
    11-Feb-2022


Description
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN AIRASIA X BERHAD ("AAX" OR THE "COMPANY") ("AAX SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 FEBRUARY 2022 INTO 1 AAX SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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