Bursa Filings


Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

Back Feb 15, 2019
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

AIRASIA GROUP BERHAD ("AAGB" OR THE "COMPANY")

PROPOSED DISPOSAL BY AAGB OF 100.0% EQUITY INTEREST IN MERAH AVIATION ASSET HOLDING LIMITED TO AS AIR LEASE HOLDINGS 5T DAC, AN ENTITY INDIRECTLY CONTROLLED BY CASTLELAKE, L.P.

We refer to the announcement dated 24 December 2018 in relation to the above Proposed Transaction (“Announcement”).

 

Paragraph 9.33(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) requires a listed issuer to submit the draft circular in accordance with the Listing Requirements not later than two (2) months from the date of the Announcement.

 

On behalf of the Board of Directors of AAGB, RHB Investment Bank Berhad had on even date submitted an application to Bursa Securities to seek its approval for an extension of time up to 24 April 2019, for the Company to complete the submission of the draft circular in relation to the Proposed Transaction to Bursa Securities.

 

Further announcements on the Proposed Transaction will be made accordingly.

 

This announcement is dated 15 February 2019.





Announcement Info

Company Name AIRASIA GROUP BERHAD
Stock Name AIRASIA
Date Announced 15 Feb 2019
Category General Announcement for PLC
Reference Number GA1-15022019-00049