News

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

BackApr 20, 2022
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description

VARIATION BETWEEN THE ACTUAL VALUE AND ESTIMATED VALUE BY 10% OR MORE OF THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Further to the Company’s announcement dated 7 March 2022, the Board of Directors of AirAsia X Berhad (“AAX”) wishes to announce that the actual value of the Recurrent Related Party Transactions ("RRPT") transacted with the related party, namely Teleport Everywhere Pte. Ltd. (“Teleport Everywhere”), pursuant to the existing shareholders' mandate obtained at the 15th Annual General Meeting held on 7 December 2021 has further exceeded the estimated value of RRPT as disclosed in the Circular to Shareholders dated 29 October 2021 (“Circular”) by more than 10%.

 

Please refer to the attachment for further details.

 

This announcement is dated 20 April 2022.

 

Please refer attachment below.

 


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 20 Apr 2022
Category General Announcement for PLC
Reference Number GA1-18042022-00036

Attachments

  1. RRPT_with_Teleport.pdf (Size: 167,170 bytes)