|Description||AIRASIA BERHAD (“AIRASIA”)
Update on status of Joint Venture and Corporate Proposal
AirAsia Japan Co., Ltd.
Further to the announcement dated 20 August 2014, there have not been any further changes in the status of the AirAsia Japan joint venture on the forging of a joint venture cooperation between AirAsia and Octave Japan Infrastructure Fund I GK (“Octave”), Rakuten, Inc. (“Rakuten”), Noevir Holdings Co. Ltd. (“Noevir”) and Alpen Co. Ltd. (“Alpen”) (collectively the “Investors”), to establish a low cost airline in Japan based on the successful AirAsia business model.
Sukuk Mudharabah Programme
Futher to the announcement dated 30 October 2014, there are no further changes in the status of the proposed issue, offer or invitation to subscribe or purchase of unrated subordinated perpetual sukuk pursuant to the Sukuk Mudharabah Programme of up to RM1,000.0 million in nominal value.
This announcement is dated 19 November 2014
|Company Name||AIRASIA BERHAD|
|Date Announced||19 Nov 2014|