Airasia X Berhad ("AAX" Or The "company") Proposed Rights Issue With Warrants

04-Jun-2015 RENOUNCEABLE RIGHTS ISSUE OF 1,777,777,790 NEW ORDINARY SHARES OF RM0.15 EACH IN AIRASIA X BERHAD ("AAX SHARES") ("RIGHTS SHARES") TOGETHER WITH 888,888,895 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FOUR (4) EXISTING AAX SHARES HELD AS AT 5.00 P.M. ON 15 MAY 2015 ("ENTITLEMENT DATE") AND ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED FOR BY OUR ENTITLED SHAREHOLDERS AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE.