Bursa Filings


Provision Of Financial Assistance

Back Feb 27, 2019
Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description

AIRASIA GROUP BERHAD ("AIRASIA" OR "THE COMPANY") PROVISION OF FINANCIAL ASSISTANCE DURING FOURTH QUARTER ENDED 31 DECEMBER 2018

Pursuant to paragraph 8.23(1)(iii) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has provided financial assistance in the form of USD5,000,000 loan to PT Indonesia AirAsia (“IAA”) through its wholly-owned subsidiary, AirAsia Berhad (“the Financial Assistance”).  

 

The Financial Assistance provided was in the ordinary course of business and to facilitate the running of the operations and financial affairs of IAA

 

The Financial Assistance provided does not have any material effect on the share capital, shareholding structure or net assets of the Company.

 

This announcement is dated 27 February 2019.

 


Announcement Info

Company Name AIRASIA GROUP BERHAD
Stock Name AIRASIA
Date Announced 27 Feb 2019
Category General Announcement for PLC
Reference Number GA1-27022019-00142