News


Provision Of Financial Assistance

BackNov 19, 2014
Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description AirAsia Berhad (“AirAsia” or “Company”)
Provision of financial assistance during Third Quarter ended 30 September 2014

Pursuant to paragraph 8.23(1) (ii) and paragraph 3 of the Practice Note No. 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that during the third quarter ended 30 September 2014, it has provided financial assistance in the form of loans to its affiliate, AirAsia Inc. (a company incorporated in the Philippines), in the amount totalling USD55,000,000 to facilitate the ordinary course of business of AirAsia Inc.

The financial assistance provided does not have a material effect on the share capital, shareholding structure or net assets of the Company.

 

This announcement is dated 19 November 2014.

 

Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 19 Nov 2014  
Category General Announcement
Reference No CM-141119-5988C