News


Provision Of Financial Assistance

BackFeb 27, 2018
Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description

AIRASIA BERHAD ("AIRASIA" OR "THE COMPANY") PROVISION OF FINANCIAL ASSISTANCE DURING FOURTH QUARTER ENDED 31 DECEMBER 2017

Pursuant to paragraph 8.23(1)(iii) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has provided financial assistance in the form of USD18,000,000 loan to Asia Aviation Capital Limited (“AACL”) (“the Financial Assistance”). 

The Financial Assistance provided was in the ordinary course of business and to facilitate the running of the operations and financial affairs of AACL.

The Financial Assistance provided does not have any material effect on the share capital, shareholding structure or net assets of the Company.

This announcement is dated 27 February 2018.





Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 27 Feb 2018
Category General Announcement for PLC
Reference Number GA1-27022018-00019