Bursa Filings


ACQUISITION BY AAGB OF THE REMAINING 1,665,000 ORDINARY SHARES IN BIGLIFE SDN BHD ("BIGLIFE"), REPRESENTING 20.00% OF THE EQUITY INTEREST IN BIGLIFE, FROM AIMIA HOLDINGS UK II LIMITED FOR A PURCHASE CONSIDERATION OF RM103,037,500 TO BE SATISFIED WHOLLY VIA THE ISSUANCE OF 85,864,583 NEW ORDINARY SHARES OF AAGB AT AN ISSUE PRICE OF RM1.20 PER SHARE ("ACQUISITION")

Back Jun 28, 2021
Type Announcement
Subject OTHERS
Description

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

ACQUISITION BY AAGB OF THE REMAINING 1,665,000 ORDINARY SHARES IN BIGLIFE SDN BHD ("BIGLIFE"), REPRESENTING 20.00% OF THE EQUITY INTEREST IN BIGLIFE, FROM AIMIA HOLDINGS UK II LIMITED FOR A PURCHASE CONSIDERATION OF RM103,037,500 TO BE SATISFIED WHOLLY VIA THE ISSUANCE OF 85,864,583 NEW ORDINARY SHARES OF AAGB AT AN ISSUE PRICE OF RM1.20 PER SHARE ("ACQUISITION")

The terms used herein shall have the same meaning as those defined in the announcements made on 22 March 2021 and 14 April 2021 unless otherwise stated.

 

We refer to the announcements dated 22 March 2021, 14 April 2021, 7 May 2021, 25 May 2021, 28 May 2021, 17 June 2021 and 21 June 2021 in relation to the Acquisition.

 

On behalf of the Board, RHB Investment Bank wishes to announce that 85,864,583 Consideration Shares will be issued pursuant to the Acquisition and will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Tuesday, 29 June 2021.

 

Following the above, the enlarged total number of issued shares and share capital of the Company will be 3,898,052,879 AAGB Shares and RM8,462,769,800, respectively.

 

 

This announcement is dated 28 June 2021.





Announcement Info

Company Name AIRASIA GROUP BERHAD
Stock Name AIRASIA
Date Announced 28 Jun 2021
Category General Announcement for PLC
Reference Number GA1-28062021-00105