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BackJul 01, 2014
Type Announcement
Subject OTHERS
Description AirAsia Berhad
- AirAsia Japan Joint Venture

AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce that the Company has on 1 July 2014 entered into a Shareholders’ Agreement (“the Agreement”) with Octave Japan Infrastructure Fund I GK (“Octave”), Rakuten, Inc. (“Rakuten”), Noevir Holdings Co. Ltd. (“Noevir”) and Alpen Co. Ltd. (“Alpen”) (collectively the “Investors”).

 

The Agreement is formalised for the purpose of forging a joint venture cooperation between AirAsia and the Investors to establish a low cost airline in Japan based on the successful AirAsia business model (“the Joint Venture”).  The Joint Venture shall be operated through a special purpose vehicle, namely AirAsia Japan Co., Ltd. (“AirAsia Japan”).

Please refer to the attachment for further details.

This announcement is dated 1 July 2014.

 

 


Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 1 Jul 2014  
Category General Announcement
Reference No CM-140701-62409

Attachments

  1. AirAsia_Japan_(announcement)_(final).pdf (Size: 135,716 bytes)