banner image

News


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

BackApr 13, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AIRASIA X BERHAD ("AAX" or "the Company")
INSTRUCTOR SERVICES 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 13 April 2016 entered into the Agreement to appoint AirAsia X as a service provider to provide instruction services through the Company’s qualified pilots, personnel and/or instructors for pilot ground and simulator training/checking services to AACE’s customers (“the Transaction”).

Please refer to the attachment for further details.

This announcement is dated 13 April 2016.



Please refer attachment below.

 


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 13 Apr 2016
Category General Announcement for PLC
Reference Number GA1-13042016-00068

 

Attachments

  1. Bursa_Announcement_-_Instructor_Services_Agreement_(Final)_-AAX.pdf (Size: 101,233 bytes)