|Description||AIRASIA BERHAD (“AIRASIA”)
Update on status of Joint Ventures
1. AirAsia India Joint Venture
There have not been any further changes in the status of the AirAsia India joint venture since the announcement made on 8 May 2014 on the receipt of the Air Operating Permit (“AOP”) from the Indian Directorate General of Civil Aviation.
2. Think Big Digital Sdn Bhd Joint Venture
Further to the announcement made on 30 January 2014, Aimia Holdings UK II Limited has completed the share purchase and the Tranche 1 shares subscription.
Shareholdings of Think Big Digital Sdn Bhd as of 10 February 2014 are as follows:-
This announcement is dated 20 May 2014.