Transactions (Chapter 10 Of Listing Requirements) : Recurrent Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
AIRASIA X BERHAD ("AAX" or "the Company") - RECURRENT RELATED PARTY TRANSACTION ("RRPT")
The Company wishes to announce that the actual value of the following RRPT has exceeded the estimated value of the RRPT disclosed in the Circular to Shareholders dated 13 May 2015 of AAX (“Estimated Value”):-
The variance between the actual amount charged and the estimated value was due to the weakening of MYR against USD, as most commercial training services and non-pilot training services rendered by AACOE are denominated in USD.
This announcement is dated 11 May 2016.
|Company Name||AIRASIA X BERHAD|
|Date Announced||11 May 2016|
|Category||General Announcement for PLC|