|Description||AIRASIA BERHAD (“AIRASIA”)
Update on status of Joint Venture and Corporate Proposal
Further to the announcement dated 19 November 2014, there have not been any further changes in the status of the AirAsia Japan joint venture on the forging of a joint venture cooperation between AirAsia and Octave Japan Infrastructure Fund I GK (“Octave”), Rakuten, Inc. (“Rakuten”), Noevir Holdings Co. Ltd. (“Noevir”) and Alpen Co. Ltd. (“Alpen”) (collectively the “Investors”), to establish a low cost airline in Japan based on the successful AirAsia business model.
Sukuk Mudharabah Programme
Further to the announcement dated 19 November 2014, there are no further changes in the status of the proposed issue, offer or invitation to subscribe or purchase of unrated subordinated perpetual sukuk pursuant to the Sukuk Mudharabah Programme of up to RM1,000.0 million in nominal value.
This announcement is dated 26 February 2015.
|Company Name||AIRASIA BERHAD|
|Date Announced||26 Feb 2015|