Bursa Filings


New Issue Of Securities (Chapter 6 of Listing Requirements) : Other Issue Of Securities

Back Nov 30, 2016
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

AIRASIA BERHAD ("AAB" or the "Company") PROPOSED ISSUANCE AND ALLOTMENT OF 559.00 MILLION NEW ORDINARY SHARES OF RM0.10 EACH IN AAB ("PROPOSED SHARES ISSUANCE")

We refer to past announcements and the announcement dated 25 November 2016 in relation to the Proposed Shares Issuance (“Announcements”).

Unless otherwise defined, all expressions used in this announcement shall carry the same meaning as defined in the Announcements.

On behalf of the Board, CIMB and RHB wish to announce that BNM has granted its approval for the Subscriber’s offshore funding for the purpose of the Proposed Shares Issuance (“BNM Approval”).

With the BNM Approval, the Subscription Agreement has become unconditional as of 30 November 2016 (“Unconditional Date”). In accordance with the terms and conditions of the Subscription Agreement, payment for the Subscription Shares shall be within a period of sixty (60) days after the Unconditional Date (or such other later date as the Parties may agree), with its issuance and allotment within 8 market days after such payment.

 

This announcement is dated 30 November 2016.





Announcement Info

Company Name AIRASIA BERHAD
Stock Name AIRASIA
Date Announced 30 Nov 2016
Category General Announcement for PLC
Reference Number GA1-30112016-00140