EVENING 5: AAX falls on plan to pay 0.5% of debt

In today’s edition of Evening 5 — AirAsia X sees its shares fall after proposing to pay just 0.5% of debt owed to each of its creditors. In other news, an arrest warrant is out for Transmile Group founder and former CEO Gan Boon Aun, while F1 partners Petronas and Mercedes deny parting ways.