|Description||STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.15 EACH IN AAX (“SHARES”) IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD|
We refer to the above.
In accordance with Section 9(2) of the Capital Markets and Services Act 2007, Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, Maybank Investment Bank Berhad ("Maybank IB"), as the stabilising manager, has purchased the following Shares:
Date of purchase : 22 July 2013
Number of shares purchased : 8,500,000 Shares
Price of purchases : RM1.25 per Share
A copy of Maybank IB’s letter dated 22 July 2013 relating to the above is attached herewith.
This announcement is dated 23 July 2013.
|Company Name||AIRASIA X BERHAD|
|Date Announced||23 Jul 2013|
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