News

Joint Venture Between AirAsia Group Berhad And Universal Music Malaysia Sdn. Bhd. On A Record Label Partnership

BackDec 06, 2019
Type Announcement
Subject OTHERS
Description

AIRASIA GROUP BERHAD
- JOINT VENTURE BETWEEN AIRASIA GROUP BERHAD AND UNIVERSAL MUSIC MALAYSIA SDN. BHD. ON A RECORD LABEL PARTNERSHIP

Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”), the Board of Directors (“Board”) of AirAsia Group Berhad (“AirAsia”) wishes to announce that AirAsia has on 29 November 2019 entered into a Preliminary Shareholders’ Agreement (“Agreement”) in relation to a proposed joint venture with Universal Music Malaysia Sdn. Bhd. (“Universal Music”) (the “Joint Venture”) (the “Transaction”).

 

Please refer to the attachment for further details. 

 

This announcement is dated 6 December 2019.



Please refer attachment below.

 


Announcement Info

Company Name AIRASIA GROUP BERHAD
Stock Name AIRASIA
Date Announced 06 Dec 2019
Category General Announcement for PLC
Reference Number GA1-05122019-00066

Attachments

  1. Bursa_Announcement_-_RedRecords_JV_(FINAL).pdf (Size: 295,265 bytes)