News
Capital A sets the Entitlement Date for distribution of AirAsia X shares
November 21st 2025
On November 20, 2025, Capital A announced a key step in its restructuring plan, confirming the Entitlement Date for the distribution of new ordinary shares in AirAsia X (AAX) to its eligible shareholders for December 3, 2025. Read More » The move is part of the final procedures for the disposal of its airline business to AAX, consolidating all AirAsia brand airlines under a single entity and paving the way for Capital A’s transformation into a multi-platform travel and digital group. In total, 1,692,307,692 new ordinary shares in AAX are to be distributed with a distribution ratio of 389 AAX shares for every 1,000 Capital A shares held by Entitled Shareholders. Capital A shareholders whose names appear in the Record of Depositors as at 5:00 p.m. on the Entitlement Date will be entitled to receive the Distribution Shares, and they will not be required to pay for their entitlements. “The setting of the Entitlement Date is a monumental milestone, marking a step closer to the final phase of the airline business disposal that will complete the consolidation of all AirAsia airlines under AirAsia X,” Chief Financial Officer Mun Hui Teh said. Following the consolidation, a unified AirAsia Group will operate as a single airline entity. Capital A, in the meantime, will concentrate on scaling its five key high-growth businesses: its engineering arm ADE, logistics provider Teleport, travel platform AirAsia MOVE, F&B brand Santan, and its brand licensing and IP division AirAsia Next.
