Exchange of all ordinary shares in Airasia Berhad (“AAB”) (“AAB Shares”) with new ordinary shares in Airasia Group Berhad (“AAGB”) (“AAGB Shares”), via a Scheme of Arrangement under Section 366 of the Companies Act, 2016 on the basis of 1 new AAGB Share for every 1 existing AAB Share held (“Share Exchange”) and suspension of trading of AAB shares to facilitate the Share Exchange
Kindly be advised that trading in AIRASIA's securities will be suspended with effect from 9.00 a.m., Monday, 2 April 2018 in order to facilitate the implementation of the aforesaid Share Exchange.
Your attention is drawn to the AIRASIA's Notice to Shareholders dated 23 March 2018.
|Company Name||AIRASIA BERHAD|
|Date Announced||28 Mar 2018|