OTHERS AIRASIA GROUP BERHAD ("AAGB" OR THE "COMPANY") - RESOLUTIONS OF ASIA AVIATION PCL ("AAV") BOARD OF DIRECTORS ON A PROPOSED RESTRUCTURING AND RECAPITALISATION PLAN OF AAV AND THAI AIRASIA CO. LTD ("TAA") ("TAA RESTRUCTURING AND RECAPITALISATION PLAN")
| AIRASIA GROUP BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | AIRASIA GROUP BERHAD ("AAGB" OR THE "COMPANY") - RESOLUTIONS OF ASIA AVIATION PCL ("AAV") BOARD OF DIRECTORS ON A PROPOSED RESTRUCTURING AND RECAPITALISATION PLAN OF AAV AND THAI AIRASIA CO. LTD ("TAA") ("TAA RESTRUCTURING AND RECAPITALISATION PLAN") |
|
On behalf of the Board of Directors of AAGB, the Company wishes to announce that AAV, the local shareholder of TAA listed on the Stock Exchange of Thailand, AAV (SET: AAV) had on 19 October 2021 notified its shareholders of the resolutions passed at AAV’s Board of Directors meeting regarding, amongst others, the AAV/TAA Rrestructuring and Recapitalisation Plan.
Please refer to the attachment for the details of the TAA Restructuring and Recapitalisation Plan. The notification by AAV to its shareholders is appended as Appendix I in this announcement.
AAGB will make further announcement(s) as appropriate pertaining to the subject matter above.
This announcement is dated 21 October 2021. |
|
Please refer attachment below.
Announcement Info
| Company Name | AIRASIA GROUP BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 21 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21102021-00089 |