News


Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions

BackOct 28, 2011
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description AIRASIA BERHAD
FINANCE LEASE TRANSACTIONS WITH PT INDONESIA AIRASIA

 

The Board of Directors of AirAsia Berhad (“AirAsia” or “the Company”) wishes to announce that the Company had on 27th October 2011 entered into the first of a series of finance lease transactions (“Transaction”) with PT Indonesia AirAsia (“IAA”) where as an integral part of the Transaction, the Company transfers to IAA the title of five (5) aircraft owned by the Company.   SimuItaneous to the transfer, the Company and IAA have entered into a leasing transaction in respect of the aircraft under commercial terms.

Please refer to the attachment for further details.

This announcement is dated 28 October 2011.

 

 


Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 28 Oct 2011  
Category General Announcement
Reference No CM-111028-66024

Attachments

  1. Finance_Lease_Transaction_with_IAA.pdf (Size: 54,469 bytes)