Bursa Filings
Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions
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Oct 11, 2012
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | UPDATE IN RELATION TO CALL OPTION AGREEMENT BETWEEN AIRASIA BERHAD, TUNE INS HOLDINGS BERHAD AND TUNE MONEY SDN BHD |
Pursuant to the announcement dated 20 April 2012, AirAsia Berhad (“AirAsia” or “the Company”) wishes to announce that the Company has today exercised its right under the Call Option Agreement with Tune Ins Holdings Berhad (formerly known as Tune Ins Holdings Sdn Bhd) (“TIH”) and Tune Money Sdn Bhd dated 20 April 2012 to purchase 121,677,000 ordinary shares of RM0.10 each in TIH, for a consideration of RM16.0 million, which represents 20% of its current issued and paid up share capital of 608,385,080 shares.
This announcement is dated 11th day of October 2012. |
Announcement Info
Company Name | AIRASIA BERHAD |
Stock Name | AIRASIA |
Date Announced | 11 Oct 2012 |
Category | General Announcement |
Reference No | CM-121011-46384 |