Provision Of Financial Assistance
|Subject||PROVISION OF FINANCIAL ASSISTANCE
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.
|Company Name||AIRASIA BERHAD|
|Date Announced||27 Feb 2018|
|Category||General Announcement for PLC|