Bursa Filings


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

Back Dec 05, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description CAPITAL A BERHAD ("CAPITAL A" OR THE "COMPANY")
AIRCRAFT LEASE AGREEMENT BETWEEN ASIA AVIATION CAPITAL LIMITED AND AIRASIA X BERHAD

 

The Board of Directors of Capital A wishes to announce that Asia Aviation Capital Limited ("AACL"), an indirect wholly owned subsidiary of the Company, has on 5 December 2023, entered into Aircraft Lease Agreement ("Agreement") with AirAsia X Berhad ("AAX") for the leasing  of   one (1) A330-300 aircraft bearing manufacturer serial number 1596 and subject to the terms and conditions as stipulated in the Agreement. ("Transaction")

 

In view of the interests of certain directors and shareholders of the Company as set out in Section 8 of this announcement, the Transaction is deemed to be a related party transaction pursuant to Paragraph 10.08 of the Main Market Listing Requirements ("Listing Requirements") of Bursa Malaysia Securities Berhad. ("Bursa Securities")

 

Please refer to the attachment for further details.

 

This announcement is dated 5 December 2023.

 

Please refer attachment below.


Announcement Info

Company Name CAPITAL A BERHAD
Stock Name CAPITALA
Date Announced 05 Dec 2023
Category General Announcement for PLC
Reference Number GA1-02112023-00040

Attachments

  1. CAPITAL_A-LEASE_AGREEMENT_BETWEEN_AACL_AND_AAX_(3)_20231205.pdf (Size: 149,658 bytes)