Related Party

Nature of Transaction

Estimated Value

(RM’000)

Actual value of RRPT up to 22 February 2016

(RM’000)

Variance (RM’000)

Variance (%)

Tune Insurance Malaysia Berhad (“Tune Insurance”)

Receipt of commission income of 25% on all insurance premiums received by Tune Insurance pursuant to the Company’s role as a corporate agent of Tune Insurance for the provision of AirAsia Insure, a travel protection plan which provides coverage for losses arising from, amongst others, personal accident, medical and evacuation, emergency medical evacuation and mortal remains repatriation, travel inconvenience such as flight cancellation or loss or damage to baggage and personal effects, flight delay and on-time guarantee.

3,100

3,747

647

20.9

Tune Insurance Malaysia Berhad (“Tune Insurance”)

Payment to Tune Insurance of insurance premiums collected on its behalf pursuant to our Company’s role as a corporate agent of Tune Insurance for the provision of AirAsia Insure, a travel protection plan which provides coverage for losses arising from, amongst others, personal accident, medical and evacuation, emergency medical evacuation and mortal remains repatriation, travel inconvenience such as flight cancellation or loss or damage to baggage and personal effects, flight delay and on-time guarantee.

12,500

14,988

2,488

19.9