Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
|Description||AIRASIA X BERHAD (“AIRASIA X” OR “THE COMPANY”)
- JOINT VENTURE AGREEMENT OF PT. INDONESIA AIRASIA EXTRA, AN ASSOCIATED COMPANY OF AIRASIA X (“IAAX” or “JV COMPANY”)
The Board of Directors of AirAsia X (“the Board”) wishes to announce that following the approval of the Air Service Licence (“ASL”) by the Directorate General of Civil Aviation, Ministry Transportation of Republic of Indonesia (“DGCA”), the Company had on 23 January 2014 entered into a Joint Venture Agreement (“JVA” or “Transaction”) with PT Kirana Anugerah Perkasa ("PTKAP"), the shareholder of IAAX (individually referred to as “Party” and collectively referred to as “the Parties”) to govern the relationship between the Parties.
Please refer to the attachment for further details.
This announcement is dated 24 January 2014.
|Company Name||AIRASIA X BERHAD|
|Date Announced||24 Jan 2014|
- AAX_240114.pdf (Size: 226,512 bytes)