News


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

BackMay 15, 2019
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

AIRASIA GROUP BERHAD ("AAGB" OR THE "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.

Unless otherwise defined, the abbreviations and definitions used in the announcements by the Company dated 24 December 2018, 11 March 2019 and 29 March 2019, and the Circular to Shareholders dated 1 April 2019 shall apply herein.  

The Company wishes to announce that the disposal by AACL to the Purchaser of its entire equity interest in Merah Aviation Asset Holding Limited, which holds five Aircraft Assets, was completed on 14 May 2019 with the Company receiving USD87.63 million in gross proceeds.

This announcement is dated 15 May 2019.





Announcement Info

Company Name AIRASIA GROUP BERHAD
Stock Name AIRASIA
Date Announced 15 May 2019
Category General Announcement for PLC
Reference Number GA1-15052019-00048