Why not just let the CEO doing the job and we just follow through the plan and make own decision

The no brainer likes to comment why others not doing this and that , like an expert dictating others decision without knowing what's going on. That's why TF can be a CEO and he just keep on putting up his useless comment

I rather choose to believe on TF than the no brained that keep on posting nonsense without understanding the facts in the restructuring plan

Pls understand the whole restructuring plan before kept on commenting.

Look into the details of the restructuring plan in the prospectus and requirement to exit from PN17

Minimum Scenario
Audited as
at 31
December
2022
(I) (II) (III)
Subsequent
events prior
to the
Proposals(2)
After (I) and
the Proposed
AAAGL
Disposal and
Proposed
Distribution(3)
After (II) and
the
Proposed
AAB
Disposal(4)
RM’ million RM’ million RM’ million RM’ million
Share Capital 8,655.0 8,655.0 6,455.0 6,455.0
Merger Deficit (5,507.6) (5,507.6) (5,507.6) –
Other Reserves 204.0 204.0 210.1 274.8
Foreign Exchange Reserve (153.3) (153.3) (446.8) (7.1)
Accumulated Losses (8,923.2) (9,723.4) (6,289.3) (6,229.9)
Shareholders’ equity/ NA (5,725.1) (6,525.3) (5,578.6) 492.8
Number of ordinary shares
in issue (’million) 4,161.79 4,161.79 4,161.79 4,161.79
NA per Share (RM) (1.38) (1.57) (1.34) (0.12)
Total borrowings
(RM'million)
17,995 23,961 15,723 1,076
Gearing ratio (times) (1)N/A (1)N/A N/A 2.18

Maximum Scenario
Audited as at
31 December
2022
(I) (II) (III) (IV)
Subsequent
events prior
to the
Proposals(2)
Assuming all
the
outstanding
RCUIDS and
Warrants are
exercised
After (II) and
the Proposed
AAAGL
Disposal and
Proposed
Distribution(5)
After (III)
and the
Proposed
AAB
Disposal(6)
RM’ million RM’ million RM’ million RM’ million RM’ million
Share Capital 8,655.0 8,655.0 10,081.3 7,881.3 7,881.3
Merger Deficit (5,507.6) (5,507.6) (5,507.6) (5,507.6) -
Other Reserves 204.0 204.0 (35.5) (29.5) 35.2
Foreign
Exchange
Reserve (153.3) (153.3) (153.3) (446.8) (7.1)
Accumulated
Losses (8,923.2) (9,723.4) (9,737.5) (6,303.4) (6,244.0)
Shareholders’
equity/ NA (5,725.1) (6,525.3) (5,352.6) (4,406.0) 1,665.4
Number of
ordinary shares
in issue
(’million) 4,161.79 4,161.79 (4)5,847.08 (4) 5,847.08 (4) 5,847.08
NA per Share
(RM) (1.38) (1.57) (0.92) (0.75) 0.28
Total
borrowings
(RM'million) 17,995 23,961 23,961 15,723 1,076
Gearing ratio
(times) (1)N/A (1)N/A (1)N/A (1)N/A 0.64

Do read the details of the restructuring plan and make wise decision.

HAPPY INVESTING

According to IFRS , contingency liability need to be reflected in balance sheet as asset and liability. AirAsia leasing planes from leasing company , the value of the planes will reflected in asset and total leasing amount in liability. The lease will be part of operating expenses , as long as in normal business condition , nothing to worry about