We are pleased to announce the proposed issue by CIMB Bank of up to 100,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares of RM0.10 each in AirAsia.
The AirAsia CW is constituted by the Deed Poll dated 7 April 2009 and First Supplemental Deed Poll dated 22 June 2009 executed by us, as supplemented from time to time. The AirAsia CW is subject to the terms and conditions of the Base Prospectus dated 8 May 2009, First Supplementary Base Prospectus dated 27 May 2009, Second Supplementary Base Prospectus dated 6 Jul-2009 and the Term Sheet for the AirAsia CW dated 22-Jul-2009.
The AirAsia CW is to be listed on the Warrants Board of Bursa Malaysia Securities Berhad and is the 7th call warrant to be issued by CIMB Bank under the Base Prospectus dated 8 May 2009.
A summary of the principal terms of the AirAsia CW is set out in Table 1.