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

BackMar 16, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AIRASIA X BERHAD ("AAX" or "the Company")
WET LEASE AGREEMENT ("AGREEMENT") BETWEEN AAX AND AIRASIA BERHAD ("AAB")

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 AAB has on 16 March 2016 entered into the Agreement for AirAsia X to wet lease one (1) A330 aircraft (“Aircraft”) to AAB’s for return flights from Kuala Lumpur (“KUL”) to Kota Kinabalu (“BKI”)  (“the Transaction”).

Please refer to the attachment for further details.

This announcement is dated 16 March 2016.

 


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 16 Mar 2016
Category General Announcement for PLC
Reference Number GA1-14032016-00060

 

Attachments

  1. Bursa_Announcement_-_Wet_Lease_KUL_-_BKI_(Final).pdf (Size: 96,429 bytes)