Bursa Filings
Airasia Berhad ("AirAsia" Or "Company")
| Type | Announcement |
| Subject | AIRASIA BERHAD (“AIRASIA” OR “COMPANY”) |
| Contents | PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN AIRASIA (“PLACEMENT SHARES”), REPRESENTING UP TO 20% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF AIRASIA (“PROPOSED PRIVATE PLACEMENT”) |
We refer to our announcement dated 3 August 2009 in relation to the above.
On behalf of the Board of Directors of AirAsia, CIMB Investment Bank Berhad wishes to clarify that the issue price of the Placement Shares will be fixed at a date to be determined later by way of bookbuilding exercise, to be undertaken by placement agents appointed/to be appointed by the Company, after the relevant approvals from Bursa Malaysia Securities Berhad and shareholders of AirAsia have been obtained.
As such, the issue price of the Placement Shares has not yet been fixed. For illustrative purpose only, based on the 5-day weighted average market price of AirAsia Shares of RM1.46 (up to and including 3 August 2009), the Proposed Private Placement would raise gross proceeds of up to RM702.47 million (which is subject to change at the price fixing date to be determined later).
This announcement is dated 4 August 2009 |
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Announcement Info
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 4 Aug 2009 |
| Category | General Announcement |
| Reference No | MM-090804-44947 |