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Transactions (Chapter 10 of Listing Requirements) : Related Party Transactions

BackFeb 25, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AIRASIA X BERHAD ("AAX" or "the Company")
SERVICE LEVEL AGREEMENT ("AGREEMENT") BETWEEN AAX AND ASIAN AVIATION CENTRE OF EXCELLENCE SDN. BHD. ("AACE")

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“the Board”) of AirAsia X wishes to announce that the Company and AACE has on 25 February 2016 entered into the Agreement to govern the service levels for the services provided under the Commercial Agreement for Training Services dated 24 June 2011 (“TSA”) and Commercial Agreement for Non-Pilot Training Services dated 24 June 2012 (“Non-Pilot TSA”) by AACE (“the Transaction”).

Please refer to the attachment for further details.

This announcement is dated 25 February 2016.



Please refer attachment below.

 

Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 25 Feb 2016
Category General Announcement for PLC
Reference Number GA1-24022016-00063

 

Attachments

  1. Bursa_Announcement_-_SLA_25.02.2016_(Final).pdf (Size: 97,485 bytes)