News


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

BackJan 05, 2021
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

AIRASIA GROUP BERHAD ("AIRASIA" OR "COMPANY")

PROPOSED DISPOSAL OF 32.67% EQUITY SHARES IN AIRASIA (INDIA) LIMITED ("AAI") BY AIRASIA INVESTMENT LIMITED ("AAIL"), A WHOLLY OWNED SUBSIDIARY OF AIRASIA

Unless otherwise defined, the abbreviations and definitions used in the announcement by the Company dated 29 December 2020 shall apply herein. 

 

The Company wishes to announce that the closing of the disposal of 32.67% equity shares in AAI by AAIL to Tata Sons Private Limited, India took place on 31 December 2020 with the Company receiving USD37,660,000 in gross proceeds.

 

This announcement is dated 5 January 2021.

 

 


Announcement Info

Company Name AIRASIA GROUP BERHAD
Stock Name AIRASIA
Date Announced 05 Jan 2021
Category General Announcement for PLC
Reference Number GA1-05012021-00034