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Dealings In Listed Securities (Chapter 14 Of Listing Requirements):Dealings During Closed Period

BackMay 25, 2011
Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description AIRASIA BERHAD (“AIRASIA” OR “THE COMPANY”)
NOTIFICATION PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“MMLR”) OF DEALINGS IN THE SECURITIES OF AIRASIA DURING CLOSED PERIOD

AirAsia had on 25 April 2011 announced the receipt of a notification from Dato' Kamarudin Bin Meranun ("Dato' Kamarudin"), Director and Group Deputy Chief Executive Officer, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of AirAsia during closed period.


Further to the aforesaid announcement, AirAsia had on 25 May 2011 received a notification from Dato' Kamarudin pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company on 24 May 2011 as stated below:-

 

(a) A disposal of 33,350,000 Ordinary Shares of RM0.10 each, equivalent to 1.2% of all issued securities of AirAsia, by Tune Air Sdn Bhd (“TASB”), which Dato’ Kamarudin has deemed interest by virtue of Section 6A of the Companies Act, 1965 through a shareholding of more than 15% in TASB, to a domestic long term institutional investor (“Disposal”). The Disposal is to broaden the local long-term institutional investors base and increase their level of shareholdings in the Company by the same.


Upon completion of the Disposal, the balance of number of shares held by Dato' Kamarudin is as follows:-

 

 

 

Type of shareholding

 

 

Number of Ordinary Shares of RM0.10 each in the Company

 

% of the Company's issued capital

 

 

Direct

 

 

1,692,900

 

 

0.06

 

 

Indirect interest

 

Tune Air Sdn. Bhd. (“TASB”)*

 

 

 

 

 

 

 

696,108,382

 

 

 

 

 

 

25.08

 

 

 

Total

697,801,282

25.14

 

* inclusive of shares held by ECML Nominees (Tempatan) Sdn. Bhd., Mayban Nominees (Tempatan) Sdn. Bhd., HSBC Nominees (Tempatan) Sdn. Bhd. and Cimsec Nominees (Tempatan) Sdn. Bhd. for TASB.

 

This announcement is dated 25th day of May 2011.

 

 

 


Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 25 May 2011  
Category General Announcement
Reference No CM-110525-54078