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Amended Announcements Please refer to the earlier announcement reference number: LIP-29122021-00002
ADJUSTMENT TO THE EXERCISE PRICE OF WARRANTS 2021/2028 ("WARRANTS") IN CAPITAL A BERHAD ("CAPITAL A") PURSUANT TO THE DISTRIBUTION BY CAPITAL A OF 1,692,307,692 NEW ORDINARY SHARES IN AIRASIA X BERHAD ("AAX"), BEING PART OF THE CONSIDERATION SHARES TO BE RECEIVED FROM AAX PURSUANT TO THE DISPOSAL BY CAPITAL A OF ITS 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED TO AAX, TO THE ENTITLED SHAREHOLDERS OF CAPITAL A BY WAY OF A REDUCTION AND REPAYMENT OF THE COMPANY'S ISSUED SHARE CAPITAL PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("DISTRIBUTION") ("ADJUSTMENT")
Pursuant to the Distribution, the exercise price of the Warrants shall be adjusted from RM1.00 to RM0.28. The Adjustment will take effect from 4 December 2025, being the next market day following the entitlement date for the Distribution. The notice setting out the Adjustment will be despatched to the Warrants holders in due course. This announcement is dated 2 December 2025.