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BackMar 31, 2017
Type Announcement
Subject OTHERS
Description

AIRASIA BERHAD

- AIRASIA JOINT VENTURE IN VIETNAM

AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce that the Company, through its wholly-owned subsidiary AirAsia Investment Limited (“AAIL”), executed a Shareholders Agreement (“SHA”) and a Share Subscription Agreement (“SSA”) with Gumin Company Limited (“Gumin”), Mr. Tran Trong Kien (“Mr. Tran”) and Hai Au Aviation Joint Stock Company (“HAA” or “JV Co”) on 30 March 2017.

The SHA and SSA are formalised for the purpose of forging a joint venture cooperation between AirAsia, Gumin, Mr. Tran and HAA to establish a low-cost carrier (“LCC”) in Vietnam (“the Joint Venture”).

Please refer to the attachment for further details.

This announcement is dated 31 March 2017.

 

 

Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 31 Mar 2017
Category General Announcement for PLC
Reference Number GA1-31032017-00016

Attachments

  1. AirAsia_Berhad_Joint_Venture_in_Vietnam.pdf (Size: 143,360 bytes)