Bursa Filings
Provision Of Financial Assistance
Back
Nov 19, 2014
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | AirAsia Berhad (“AirAsia” or “Company”) Provision of financial assistance during Third Quarter ended 30 September 2014 |
Pursuant to paragraph 8.23(1) (ii) and paragraph 3 of the Practice Note No. 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that during the third quarter ended 30 September 2014, it has provided financial assistance in the form of loans to its affiliate, AirAsia Inc. (a company incorporated in the Philippines), in the amount totalling USD55,000,000 to facilitate the ordinary course of business of AirAsia Inc.
The financial assistance provided does not have a material effect on the share capital, shareholding structure or net assets of the Company.
This announcement is dated 19 November 2014.
Announcement Info
Company Name | AIRASIA BERHAD |
Stock Name | AIRASIA |
Date Announced | 19 Nov 2014 |
Category | General Announcement |
Reference No | CM-141119-5988C |