Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
|Description||DIVESTMENT OF 25% OF EQUITY INTEREST IN THE SHARE CAPITAL OF AAE TRAVEL PTE. LTD. (“JV COMPANY”) BY AIRASIA BERHAD (“AIRASIA” OR “THE COMPANY”)(“DIVESTMENT”)|
We refer to our announcement to the Bursa on 17 February 2015.
We wish to update that we have today completed the transfer of shares pursuant to the divestment of 25% of equity interest in the share capital of the JV Company by AirAsia for a consideration sum of USD 86,250,000 (less charges).
This announcement is dated 10 March 2015.
|Company Name||AIRASIA BERHAD|
|Date Announced||10 Mar 2015|