News


Article Entitled: "AirAsia Intends To Take Over Budget Airline Virgin Blue"

BackDec 12, 2007
Type Reply to query
Reply to Bursa Malaysia's
Query Letter - Reference ID
PY-071211-59946
Subject ARTICLE ENTITLED: "AIRASIA INTENDS TO TAKE OVER BUDGET AIRLINE VIRGIN BLUE"
Contents We refer to your letter dated 11 December 2007 (Ref. No. PY-071211-59946) regarding the above-captioned article appearing in Nanyang Siang Pau, Business Section, page C10 on Tuesday, 11 December 2007, in particular to Bursa Malaysia Securities Berhad's ("Bursa") query on the phrase ".. AirAsia intends to take over budget airline Virgin Blue in Australia".

AirAsia Berhad ("AirAsia" or the "Company"), having made due and diligent enquiry, wishes to state that AirAsia has no knowledge of the contents of the article as quoted above. In the event the Company undertakes any corporate exercise, the Company shall make the necessary disclosures to the Bursa in compliance with the Bursa's Listing Requirements.

This announcement is dated 12 December 2007.
Query Letter Contents We refer to the above news article appearing in Nanyang Siang Pau , Business
Section, Page C10, Tuesday, 11 December 2007 , a copy of which is enclosed for
your reference.

In particular, we would like to draw your attention to the underlined sentence
which states that:-

AirAsia intends to take over budget airline Virgin Blue in Australia

In accordance with Bursa Securities' Corporate Disclosure Policy, you are
requested to furnish Bursa Securities with an announcement for public release
confirming or denying the above reported article in particular the underlined
sentence after due and diligent enquiry with all the directors, major
shareholders and all such other persons reasonably familiar with the matters
about which the disclosure is to be made in this respect. In the event you deny
the above reported sentence or any other part of the article, you are required
to set forth facts sufficient to clarify any misleading aspects of the same. In
the event you confirm the above reported sentence or any other part of the
article, you are required to set forth facts sufficient to support the same.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division
Group Regulations
TYE/LPY
cc: Encik Chung Tin Fah, Securities Commission

 


Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 12 Dec 2007  
Category General Announcement
Reference No CM-071212-54445