AirAsia Berhad : "AAGB" Or The "Company") -Resolutions Oof 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")

BackOct 21, 2021

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

Attachments

1. Alpha_-_AAGB_Announcement_(final)_21_October_2021_(1).pdf (Size: 231,481 bytes)
2. Appendix_I_-_Asia_Aviation_PCL_Announcement_on_the_AAV_TAA_Shareholding_Restructuring_Plan_(19_October_2021).pdf (Size: 2,053,914 bytes)