Changes In Director's Interest (Section 219 Of CA 2016) - Datuk Kamarudin Bin Meranun

BackDec 22, 2017

Particulars of Director

Descriptions(Class) Ordinary shares

Details of changes

Date of change
No of securities
Type of transaction
Nature of Interest
Indirect Interest
Name of registered holder Tune Group Sdn. Bhd.
Description of "Others" Type of Transaction Equity swap
Consideration (if any) RM 0.335 per share


Circumstances by reason of which change has occurred

The transaction was effected by Tune Group Sdn. Bhd. ("TGSB") through an equity swap whereby TGSB maintains the right to reacquire the shares.

Nature of interest

Direct and Indirect Interest

Total no of securities after change

Direct (units) 337,702,739
Direct (%) 8.141
Indirect/deemed interest (units) 1,135,887,338
Indirect/deemed interest (%) 27.383
Date of notice 22/12/2017
Date notice received by Listed Issuer 22/12/2017


Remarks :


1) Datuk Kamarudin Bin Meranun - 158,271,757

2) CIMB Group Nominees (Tempatan) Sdn. Bhd. - Pledged securities account for Kamarudin Bin Meranun (GCM CBM-SKY X) - 154,430,982

3) Alliance Group Nominees (Tempatan) Sdn. Bhd. Export-Import Bank of Malaysia Berhad for Kamarudin Bin Meranun - 25,000,000


1) AirAsia Berhad - 570,728,502

2) Tune Group Sdn Bhd - 273,980,018

3) Cimsec Nominees (Tempatan) Sdn. Bhd. - Pledged securities account for Tune Group Sdn. Bhd. (EDG&GCM) - 131,250,000

4) Kenanga Nominees (Tempatan) Sdn Bhd - ECM Libra Partners Sdn Bhd - Pledged securities account for Tune Group Sdn Bhd - 24,375,000

5) Kenanga Nominees (Tempatan) Sdn. Bhd. - for Tune Group Sdn. Bhd. - 135,553,818

The 27,715,056 shares transacted (indirect interest) is equivalent to 0.668% of all issued securities of AirAsia X Berhad.

This announcement serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for dealings during outside closed periods and is based on the information in the Notice of Disclosure pursuant to Section 219(1)(a) and (b) of the Companies Act, 2016 of Datuk Kamarudin Bin Meranun received by the registered office of AirAsia X Berhad on 22/12/2017.


Announcement Info

Stock Name AAX
Date Announced 22 Dec 2017
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-21122017-00015