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Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

BackSep 27, 2017

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

AIRASIA BERHAD 1. PURCHASE OF RAMP EQUIPMENT AND TRANSFER OF EMPLOYEES BY GROUND TEAM RED SDN. BHD. ("GTR") FROM AIRASIA X BERHAD ("AAX"); AND 2. NOVATION OF AAX RELATED CONTRACTS WITH TCR SOLUTION SDN. BHD. ("TCR") AND I TECH ENGINEERING AND MACHINERY SDN. BHD. ("I TECH") TO GTR. (COLLECTIVELY, "THE TRANSACTIONS")

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad, the Board of Directors (“the Board”) of AirAsia Berhad  ("AAB" or "the Company") wishes to announce that GTR, a wholly-owned subsidiary of AAB, has entered into the Transactions on 27 September 2017.

Please refer to the attachment for further details.

This announcement is dated 27 September 2017.

 

 

 

 

 


Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 27 Sep 2017
Category General Announcement for PLC
Reference Number GA1-21092017-00016

Attachments

  1. AAB_Bursa_Announcement_-_SPA_and_Novation_(Final_27.09.2017).pdf (Size: 92,161 bytes)