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BackDec 30, 2013
Type Announcement
Subject OTHERS
Description AIRASIA X BERHAD (“AIRASIA X” OR “THE COMPANY”)
- INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY

AirAsia X wishes to announce that AAX Mauritius One Ltd (“AAX Mauritius”) was incorporated as a wholly-owned subsidiary of the Company on 16 December 2013. The certificate of incorporation of a company in the Republic of Mauritius ie. Form 1 was received today.

AAX Mauritius was incorporated in the Republic of Mauritius under Section 24 of the Companies Act, as a private company limited by shares. The authorised, issued and paid-up share capital of AAX Mauritius is USD1.00 comprising 1 ordinary share of USD1.00. The principal activities of AAX Mauritius are provision of aircraft leasing facilities.                                                                   

The Directors of AAX Mauritius presently are Mr. Deans Tommy Lo Seen Chong and Ms. Natacha Sabrina Kong Hung Cheong.     

The incorporation of AAX Mauritius is not expected to have effect on the issued and paid-up share capital or substantial shareholders’ shareholdings of the Company and is not expected to have any material effect on the earnings, net assets and gearing of the Company for the financial year ending 31 December 2013.

None of the Directors and/or substantial shareholders of the Company or persons connected with them have any interest, direct or indirect, in the said incorporation.

This announcement is dated 30th day of December 2013.

 


Announcement Info

Company Name AIRASIA X BERHAD  
Stock Name AAX    
Date Announced 30 Dec 2013  
Category General Announcement
Reference No CM-131230-61239