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

BackMar 31, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

AIRASIA X BERHAD ("AAX" or "the Company") COMMERCIAL SERVICES SHARING AND SUPPORT TO BE PROVIDED BY AIRASIA X BERHAD TO PHILIPPINES AIRASIA INC. ("TRANSACTION")

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad, the Board of Directors (“the Board”) of AirAsia X Berhad (“AAX” or “the Company”) wishes to announce that the Company and Philippines AirAsia Inc. (“PAA”) has on 31 March 2017 entered into a Commercial Services Agreement (“Agreement”) for the Company to provide commercial sharing services and support (“Services”) to PAA, for the purpose of PAA’s flights into and out of the destinations that AAX flies to. 

Please refer to the attachment for further details.

This announcement is dated 31 March 2017.

Please refer attachment below.


Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 31 Mar 2017
Category General Announcement for PLC
Reference Number GA1-31032017-00101

Attachments

  1. Bursa_Announcement_-_CSA_PAA_FINAL_31.3.2017.pdf (Size: 98,992 bytes)