News


Others

BackApr 17, 2017
Type Announcement
Subject OTHERS
Description

AIRASIA BERHAD ("AIRASIA")

INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY

Further to our announcement on 16 March 2017 in relation to the proposed acquisition of one (1) unit of Bombardier BD-700-1A10 Global Express 9M-CJG from Caterhamjet Global Ltd (“CJG”), AirAsia wishes to announce that the Company had on 13 April 2017 incorporated a wholly-owned subsidiary company known as AirAsia Corporate Charter Sdn Bhd (Company No. 1226933-V) (“AACC”), a private limited company incorporated under the Malaysia Companies Act, 2016 with its registered office situated at B-13-15, Level 13, Menara Prima Tower B, Jalan PJU 1/39, Dataran Prima, 47301 Petaling Jaya, Selangor Darul Ehsan.

The objective of establishing AACC is to manage charter activities and as an asset holding company.

The principal activities of AACC are:-

  1. To acquire and manage the Aircraft; and
  2. To become a full-fledged charter and private unscheduled business jet operator.

The initial issued and paid-up share capital of AACC is RM2.00 represented by 2 ordinary shares and further capital will be raised accordingly to cater for its operational needs. The Directors of AACC presently are Ms. Aireen Omar and Mr. Tharumalingam A/L Kanagalingam.

The incorporation of AACC is not expected to have any immediate effect on the issued and paid-up share capital or substantial shareholders’ shareholdings of AirAsia.

This announcement is dated 17 April 2017.





Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 17 Apr 2017
Category General Announcement for PLC
Reference Number GA1-14042017-00055