Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
AIRASIA GROUP BERHAD ("AAGB" OR "COMPANY") PROPOSED DISPOSAL BY AAGB OF 100.0% EQUITY INTEREST EACH IN THE MERAH AVIATION ENTITIES TO AS AIR LEASE HOLDINGS 5T DAC, AN ENTITY INDIRECTLY CONTROLLED BY CASTLELAKE, L.P.
We refer to the announcement dated 24 December 2018 (“Announcement”). Unless otherwise defined, the abbreviations and definitions used in the Announcement shall apply herein.
On behalf of the Board, RHB Investment Bank Berhad wishes to announce that AACL had subsequently on 8 March 2019 entered into an amended share purchase agreement (“Amended SPA”) with the Purchaser and the Purchaser Guarantor, for the proposed disposal by AACL to the Purchaser of its entire equity interests in the following:
- Merah Aviation,
- Merah Aviation Asset Holding Two Limited,
- Merah Aviation Asset Holding Three Limited,
- Merah Aviation Asset Holding Four Limited; and
- Merah Aviation Asset Holding Five Limited,
(such companies, collectively, the “Merah Aviation Entities” or “Entities”),
which collectively will own the Aircraft Assets, for the Base Purchase Price of USD768.0 million (approximately RM3,124.6 million), subject to terms and conditions as stipulated in the Amended SPA (“Proposed Disposal”).
Please refer to the attachment below for the announcement.
This announcement is dated 11 March 2019.
|Company Name||AIRASIA GROUP BERHAD|
|Date Announced||11 Mar 2019|
|Category||General Announcement for PLC|
Please refer attachment below.
- AAGB_announcement_(110319).pdf (Size: 472,654 bytes)