AIRASIA BERHAD ("AIRASIA" OR "THE COMPANY") INCORPORATION OF WHOLLY-OWNED SUBSIDIARIES
The Board of AirAsia wishes to announce that AirAsia, had on 13 March 2018 incorporated two wholly owned subsidiaries (collectively, “Subsidiaries”) as follows:-
The issued share capital of both the Subsidiaries is RM2.00 respectively and will be increased in due course to cater to their respective operational needs.
The incorporation of the Subsidiaries is not expected to have any immediate effect on the issued and paid-up share capital or substantial shareholders’ shareholding in AirAsia.
The establishment of the Subsidiaries is also not subject to the approval of shareholders of the Company and any other regulatory authorities in Malaysia.
This announcement is dated 13 March 2018.
|Company Name||AIRASIA BERHAD|
|Date Announced||13 Mar 2018|
|Category||General Announcement for PLC|