You received the free AAX warrants because the AAX shares you received from Capital A made you an entitled shareholder of AirAsia X.
AirAsia X (AAX) issued the free warrants to its own shareholders on the basis of one warrant for every two AAX shares held as of the entitlement date, December 18, 2025. Since you held AAX shares by that date, you were entitled to receive the warrants automatically.
Details of the AAX Warrants
Ratio: 1 warrant for every 2 AAX shares held.
Ex-Date: December 17, 2025.
Entitlement Date (Last Date for Lodgment): December 18, 2025.
Listing Date: The warrants were listed and quoted on the Main Market of Bursa Malaysia on December 31, 2025, under the stock short name AAX-WB.
Cost: The warrants were issued free of charge to entitled shareholders.
The warrants were credited into the central depository system accounts of entitled shareholders without any action required on your part.