Bursa Filings


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

Back Feb 03, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

AirAsia Berhad proposed acquisition of up to 25.8% equity stake in Think BIG Digital Sdn. Bhd. from Tune Money International Sdn. Bhd.

Pursuant to Paragraph 10.08(1) of the of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), AirAsia Berhad wishes to announce that it has entered into a Share Sale Agreement (“SSA”) with Tune Money International Sdn. Bhd. on 3rd February 2016 for the acquisition of up to 2,072,000 ordinary shares of RM1.00 each (“Shares”) representing 25.8% equity interest in the issued and paid up ordinary share capital of Think BIG Digital Sdn. Bhd. for a cash consideration of RM101.5 million.

The shareholding on AirAsia Berhad pre and post the acquisition of shares is highlighted below

Shareholders

Current Number of Shares Held

Current Shareholding (%)

Maximum Number of Shares Held Post Acquisition

Maximum Shareholding Post Acquisition

(%)

AirAsia Berhad

3,700,001

46.1%

5,772,001

71.9%

Tune Money International Sdn. Bhd.

2,960,001

36.9%

888,001

11.1%

AIMIA Holdings UK II Limited

1,364,096

17.0%

1,364,096

17.0%

Total

8,024,098

100.0%

8,024,098

100.0%

Please refer to the attachment for further details.

This announcement is dated 3rd February 2016.

Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 03 Feb 2016
Category General Announcement for PLC
Reference Number GA1-03022016-00070

Attachments

  1. Proposed_acquisition_in_TBD.pdf (Size: 147,662 bytes)
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