Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Distribution Agreement between AirAsia Berhad and Tune Ins Holdings Sdn Bhd and Call Option Agreement between AirAsia Berhad, Tune Ins Holdings Sdn Bhd and Tune Money Sdn Bhd
AirAsia Berhad (“AirAsia” or “Company”) is pleased to announce that it has today entered into a Distribution Agreement with Tune Ins Holdings Sdn Bhd (“TIH”) in relation to the provision of insurance products to customers of the Company (the “Agreement”), and a Call Option Agreement with TIH and Tune Money Sdn Bhd (“TMSB”) for the right to purchase shares in TIH (“Call Option”), the salient terms thereof which are set out in Section 3 below.
Please refer to the attachment for further details.
This announcement is dated 20 April 2012.
|Company Name||AIRASIA BERHAD|
|Date Announced||20 Apr 2012|
- Distribution_Agreement_and_Call_Option.pdf (Size: 45,833 bytes)