News
AirAsia X requests extension for restructuring submission
April 14th 2023
AirAsia X (AAX) has applied to Malaysia’s stock exchange for a new deadline, to July 28 this year, for delivery of its financial rescue package. Read More »
On October 29, 2021 the Bursa Malaysia issued AAX with a Practical Note 17 (PN17) notice due to its financial position at the time. To continue to trade on the local stock exchange, such a notice requires a company to submit and receive approval for a financial regularisation plan within a specified timeframe. This is the second time AAX has sought more time to submit its regularisation plan to the exchange.
