News


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

BackApr 20, 2012

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description AirAsia Berhad
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.

 


Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 20 Apr 2012  
Category General Announcement
Reference No CM-120420-66071

Attachments

  1. Distribution_Agreement_and_Call_Option.pdf (Size: 45,833 bytes)