Bursa Filings
Potential Privatisation Exercise Of AirAsia (Amended Announcement)
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Dec 05, 2008
Amended Announcements
Please refer to the earlier announcement reference number: CMC-081205-2C951
| Type | Announcement |
| Subject | AIRASIA BERHAD (“AIRASIA” OR “COMPANY”) POTENTIAL PRIVATISATION EXERCISE OF AIRASIA |
| Contents | We refer to the announcements made on 7 October 2008 and 17 November 2008. We wish to announce that Tune Air Sdn Bhd (“Tune Air”), our major shareholder, had vide its letter dated 5th December, 2008 informed us that due to the tight credit market conditions, it is unable to secure financing on acceptable terms and conditions from financial institutions to fund the potential privatisation exercise of AirAsia. Hence, Tune Air is unable to form a firm intention to proceed with the potential privatisation exercise of AirAsia. This announcement is dated 5th December 2008.” |
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This is the amended announcement and supersedes the earlier announcement made. The letter from Tune Air Sdn Bhd should be dated 5th December 2008 and not 5th November 2008 as stated in the earlier announcement.
Announcement Info
| Company Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 5 Dec 2008 |
| Category | General Announcement |
| Reference No | CMC-081205-82EA7 |