TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS CAPITAL A BERHAD ("CAPITAL A" OR THE "COMPANY") LETTER OF OFFER FOR THE PROPOSED DISPOSAL BY THE COMPANY OF ITS 100% EQUITY INTEREST IN AIRASIA BERHAD ("AAB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED AAB DISPOSAL") AND ITS 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED ("AAAGL"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED AAAGL DISPOSAL") TO AIRASIA X BERHAD ("AAX") ("LETTER OF OFFER")
| CAPITAL A BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | CAPITAL A BERHAD ("CAPITAL A" OR THE "COMPANY")
LETTER OF OFFER FOR THE PROPOSED DISPOSAL BY THE COMPANY OF ITS 100% EQUITY INTEREST IN AIRASIA BERHAD ("AAB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED AAB DISPOSAL") AND ITS 100% EQUITY INTEREST IN AIRASIA AVIATION GROUP LIMITED ("AAAGL"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED AAAGL DISPOSAL") TO AIRASIA X BERHAD ("AAX") ("LETTER OF OFFER") |
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Reference is made to the Company’s announcements dated 8 January 2024 and 13 March 2024 in relation to the Letter of Offer ("Announcements"). Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as the Announcements. On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that the Company and AAX have mutually agreed to extend the Negotiation Period until 30 April 2024. This announcement is dated 9 April 2024. |
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Announcement Info
| Company Name | CAPITAL A BERHAD |
| Stock Name | CAPITALA |
| Date Announced | 09 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09042024-00043 |