|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
AIRASIA X BERHAD ("AAX" OR "THE COMPANY") 1. SALE OF RAMP EQUIPMENT AND TRANSFER OF EMPLOYEES TO GROUND TEAM RED SDN. BHD. (GTR); AND 2. NOVATION OF RELATED CONTRACTS WITH TCR SOLUTION SDN. BHD. (TCR) AND I TECH ENGINEERING AND MACHINERY SDN. BHD. (I TECH) TO GTR. (COLLECTIVELY, "THE TRANSACTIONS")
Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad, the Board of Directors (“the Board”) of AAX wishes to announce that the Company has entered into the Transactions on 27 September 2017.
Please refer to the attachement for further details.
This announcement is dated 27 September 2017.
|Company Name||AIRASIA X BERHAD|
|Date Announced||27 Sep 2017|
|Category||General Announcement for PLC|