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Back Feb 26, 2014
Type Announcement
Subject OTHERS
Description AIRASIA BERHAD (“AIRASIA”)
Update on status of Joint Ventures

 

1. AirAsia India Joint Venture

 

AirAsia wishes to announce that there have not been any further changes in the status of the AirAsia India joint venture since the announcement made on 20 November 2013 on the receipt of the Initial No Objection Certificate ("NOC") from the Ministry of Civil Aviation, India.

2. Think Big Digital Sdn Bhd Joint Venture

AirAsia wishes to announce that further to the announcement made on 30 January 2014, Aimia Holdings UK II Limited has completed the share purchase and the Tranche 1 shares subscription.

Shareholdings of Think Big Digital Sdn Bhd as of 10 February 2014 are as follows:-

Shareholders

No of shares held 

Percentage (%)

AirAsia Berhad

3,700,001

47.8

Tune Money International Sdn Bhd

2,960,001

38.2

Aimia Holdings UK II Limited

1,084,186

14.0

Total

7,744,188

100.0

This announcement is dated 26 February 2014.

 

Announcement Info

Company Name AIRASIA BERHAD  
Stock Name AIRASIA    
Date Announced 26 Feb 2014  
Category General Announcement
Reference No CM-140224-B6CC2