Dealings In Listed Securities (Chapter 14 Of Listing Requirements):Dealings During Closed Period
|Subject||DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
|Description||AIRASIA BERHAD (“AIRASIA” OR “THE COMPANY”)
NOTIFICATION PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“MMLR”) OF DEALINGS IN THE SECURITIES OF AIRASIA DURING CLOSED PERIOD
AirAsia had on 25 April 2011 announced the receipt of a notification from Dato' Kamarudin Bin Meranun ("Dato' Kamarudin"), Director and Group Deputy Chief Executive Officer, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of AirAsia during closed period.
(a) A disposal of 33,350,000 Ordinary Shares of RM0.10 each, equivalent to 1.2% of all issued securities of AirAsia, by Tune Air Sdn Bhd (“TASB”), which Dato’ Kamarudin has deemed interest by virtue of Section 6A of the Companies Act, 1965 through a shareholding of more than 15% in TASB, to a domestic long term institutional investor (“Disposal”). The Disposal is to broaden the local long-term institutional investors base and increase their level of shareholdings in the Company by the same.
* inclusive of shares held by ECML Nominees (Tempatan) Sdn. Bhd., Mayban Nominees (Tempatan) Sdn. Bhd., HSBC Nominees (Tempatan) Sdn. Bhd. and Cimsec Nominees (Tempatan) Sdn. Bhd. for TASB.
This announcement is dated 25th day of May 2011.
|Company Name||AIRASIA BERHAD|
|Date Announced||25 May 2011|