Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
AIRASIA BERHAD ACQUISITION OF 73% EQUITY STAKE IN THE SHARE CAPITAL OF TUNE BOX SDN. BHD. ("TUNE BOX") BY AIRASIA BERHAD
Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“the Board”) of AirAsia Berhad (“AirAsia” or “the Company”) wishes to announce that the Company has acquired 780,000 ordinary shares of RM1.00 each and 96,000 ordinary shares of RM1.00 each in the share capital of Tune Box from Caterham Technology and Innovation Limited (“Caterham”) and Mr. Clarence Lim Kee Kiat (“Clarence Lim”) respectively, equivalent to 73% of the total issued and paid-up capital of Tune Box, at par value per ordinary share or for a total cash purchase consideration of RM876,000 from the Company’s internal generated funds (collectively “the Transaction”).
Please refer to the attachment for further details.
This announcement is dated 2 December 2015.
|Company Name||AIRASIA BERHAD|
|Date Announced||02 Dec 2015|
|Category||General Announcement for PLC|
- Tune_Box_Bursa_Announcement_Acquisition_And_Agreement_(Final)(02122015)-u.pdf (Size: 138,795 bytes)