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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD) ("CAPITAL A" OR THE "COMPANY") - WET LEASE AGREEMENT ENTERED INTO BY AIRASIA BERHAD ("AAB"), A WHOLLY-OWNED SUBSIDIARY OF CAPITAL A, WITH AIRASIA X BERHAD ("AAX")

CAPITAL A BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD) ("CAPITAL A" OR THE "COMPANY") - WET LEASE AGREEMENT ENTERED INTO BY AIRASIA BERHAD ("AAB"), A WHOLLY-OWNED SUBSIDIARY OF CAPITAL A, WITH AIRASIA X BERHAD ("AAX")

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Capital A wishes to announce that AAB, a wholly owned subsidiary of the Company, had on 13 June 2022, entered into a Wet Lease Agreement (“Agreement”) with AAX to govern the terms and conditions of leasing one (1) Airbus A330-343 aircraft with complete crew, maintenance and insurance by AAX to AAB on a wet lease basis in accordance with the terms and conditions of the Agreement.

 

The Agreement is regarded as a related party transaction pursuant to Paragraph 10.08 of the MMLR.

 

Please refer to the attachment for further details.

 

This announcement is dated 16 June 2022.


Please refer attachment below.

Attachments

CAPITAL A- Wet Lease AAB and AAX (Final).pdf
74.3 kB


Announcement Info

Company Name CAPITAL A BERHAD
Stock Name CAPITALA
Date Announced 16 Jun 2022
Category General Announcement for PLC
Reference Number GA1-16062022-00017




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