Introduction & Conclusion:

MAF 603
Well explanation, complete, accurate, clear and excellent details of introduction and conclusion -
4/4

Content 1

GROUP PROJECT
Display excellent critical analysis, relevance to topic and sufficient coverage - 4/4

Content 2
Excellent originality of thoughts using own ideas and other information to support logical thinking

“AIR ASIA”
and sound reasonableness argument - 4/4

Content 3
Very creative presentation with attractive graphics, animations and sound. Able to attract the

(GROUP 6)
audience - 4/4

Initiative & effort, submission

The project is well prepared due to concerted effort and initiative by team member to complete the
project. Submission prior to deadline - 4/4

Final Marks: 1. QUDWATUN HASANAH BINTI SHAARI

= (4 + 4 + 4 + 4 + 4)/20
= 20/20 (2017549427)
= 10/10
2. SITI NUR AISYAH BINTI AMIR SABRI
(2017747013)
3. NUR UKHASHA FARHANA BINTI ISMAIL
(2017148389)
4.NUR ZAKIAH BNTI RUSLIM
(2017567727)

PREPARE FOR: MOHD ROSDI BIN IDRIS

Corporate Profile
 FACTORS THAT CONTRIBUTE TO THE RECENT CORPORATE RESTRUCTURING EXERCISES

1. PROFITABILITY 3. SHARE PERFORMANCE

4 YEARS OPERATING HIGHLIGHT 2020
1.5
15000
10000 1

5000 0.5
0
-5000 2017 2018 2019 2020 0
MAC JUN SEP DEC
-10000
Last price(high) Last price (low)
REVENUE EXPENSES NET PROFIT

Profitability chart shows in year 2020 there are decreasing in net profit
(-RM5,422,254) due to increase of staff cost, fuel cost, maintenance cost and other

2. MARKET RETURN
operating expenses.
Market capitalisation graph influence indirectly by public purchasing
power, inflation rate, pandemic and so on. This graph also give a perspective toward
MARKET CAPITALISATION
15 company’s performance for investor buy or sell the share.

10 Lastly, for share performance graph in the year 2020 shows that,

5 increasing volume of share in December influence by developing digitalisation of

0 Air Asia such as BigPay, Teleport, Santan, Super App and so on.
2017 2018 2019 2020 In conclusion, these are the factor that the company are doing the
Series 1 Column1 Column2 capital restructuring and the company raise the fund by doing bank financing,
private placement and proposed renounceable right issue of Redeemable
Convertible Unsecured Islamic Debt Securities (RICUIDS)
In July 2020, AirAsia triggered the PN17 suspended criteria after Despite revenue falling by a third to RM1.02 billion from RM2.97 billion,
its external auditors, Ernst & Young PLT, issued an unqualified AirAsia's net loss narrowed to RM2.23 billion in the nine months ended
audit opinion with material uncertainty relating to going concern September 30, 2021, from RM2.66 billion in the same period of FY20.
in respect of its audited financial statements for the financial year
ended December 31, 2019 (FY19), and its shareholders' equity on a
consolidated basis was 50% or less of its share capital.

Air Asia Group's stock dropped 4sen, or 5.1 percent, to 74.5 sen,valuing the
In both FY2019 And FY2020 Air Asia lost money, with net losses of company at RM3.03billion.
RM 283 million and RM 5.89 billion respectively

Due to Covid-19 control efforts, the group's net loss for the third
Because it was not required to comply with duties sunder paragraphs 8.04 and
quarter of FY21 grew to RM887 million from RM851.78 million in
PN17 of the Main LR for an18-month period following the first relief
the previous corresponding period, while travel restrictions in the
announcement, the budget airline was not classified as a PN17 listed issuer..
Malaysian and Indonesian markets remained in effect

Air Asia said that the net loss was due to investments in technology, The influence factors that a company to ensure
talent, and the airline's network as it continues to build its digital
super app and its air cargo subsidiary Teleport.
the company achieve the optimal capital
structure

Revenue declined 36.9% to RM295.89 million from RM468.94

million the previous quarter
External factors that influence capital restructuring

Gross export grew at a faster pace of 18.2% (4Q 2020: 5.1%)

driven by robust manufactured exports

Broad-based weakening of regional currencies

against the US dollar, including the ringgit.

The roll out of the domestic COVID-19 vaccine

programme will also lift sentiments
 The Optimal capital structure for year 2019 and 2021

1.Reduced our Group’s operating expenses by

implementing cost cutting measures
2.Implement continuous flight capacity
and network revenue management in
response to global travel restrictions
and the current progressive uplifting of
travel restrictions by the respective
countries.
GAIN Bank financing
FUND About RM1,267.60 million as at 30.09.2021
RECEIPT which include the lease liabilities of RM13.9mil
FROM The private placement
RM336.5 million as at 30.09.2021
4.Continue to grow our digital
businesses
3. Ensuring its liquidity and capital
adequacy. As at 31 December 2020,
our Group has secured term loans
and revolving credits of RM300
million from a financial institution,
sale and leaseback of 7 engines
which raised approximately RM400
million, and disposed 33% equity
interest in Air Asia (India) Limited
which raised approximately
RM152.9 million

Redeemable Convertible Unsecured Islamic

The Board will continue to explore opportunities to improve
Debt Securities (RICUIDS)
the Group’s capital structure. If suitable market condition
RM 974,513,219.25 as at 02.12.2021 arise, the Group may further access the equity and debt
capital markets to further strengthen its balance sheet.